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Global Oil Prices Could Surge to $70 by Year-end

2021-05-25 19:00:00| OGI

Damage inflicted on the oil market could end up pushing prices and activity higher, says Raymond James analyst Marshall Adkins.

Tags: global prices oil surge

 

UK Declines to Rule Out New Oil Exploration Despite Climate Report

2021-05-25 15:09:20| OGI

The U.K. halted its latest licensing rounds for offshore exploration for technical reasons in March but said they would resume at an unspecified time.

Tags: report oil rule climate

 
 

Whats Affecting Oil Prices This Week? (May 24, 2021)

2021-05-24 19:00:00| OGI

Will oil prices rebound? In its latest forecast, Stratas Advisors notes significant consequences from last weeks bombshell IEA report on oil markets.

Tags: week prices oil affecting

 

US Shale Producers Cabot Oil & Gas, Cimarex Energy to Combine

2021-05-24 13:05:00| OGI

The combination of Cabot Oil & Gas and Cimarex Energy, which will operate under a new name, is estimated to have an enterprise value of approximately $17 billion.

Tags: energy gas oil combine

 

Dakota Access Oil Pipeline to Remain Open Per US Federal Judge

2021-05-22 00:15:00| OGI

The Dakota Access oil pipelines continued operation provides some clarity to market participants after months of uncertainty.

Tags: open access remain federal

 

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