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Tag: oil prices
Apache Posts Lower Fourth-quarter Loss as Oil Prices Recover
2021-02-25 10:10:00| OGI
U.S. oil producer Apache raised its project spending forecast to $1.1 billion for this year as oil prices have improved since its previous outlook of keeping upstream expenses below a billion dollars.
Whats Affecting Oil Prices This Week? (Feb. 22, 2021)
2021-02-22 18:00:00| OGI
After the increase during the past two weeks of Brent by 12.2% and WTI by 14.4%, crude prices are now back to the range they were for much of 2019 and more developments are on the way, Stratas Advisors says in its latest oil price forecast.
Oil Prices Bear 13-month Highs, Supported by Texas Cold Snap
2021-02-16 15:33:36| OGI
Cold weather in the United States halted operations at Texas oil wells and refineries on Feb. 15 and forced restrictions on natural gas and crude pipeline operators.
Brent, WTI Crude Oil Prices on Track for Weekly Gains
2021-02-12 20:20:00| OGI
WTI crude oil in the U.S. was on track for a weekly gain of about 5% while Brent was set for a 5.7% rise on the week due to hopes a U.S. stimulus will boost the economy and fuel demand.
Bakken Oil Prices Surge as Dakota Access Pipelines Fate Awaited
2021-02-10 21:35:00| OGI
Concern about how U.S. President Joe Bidens administration will handle the Dakota Access Pipeline (DAPL), which can transport more than 550,000 bbl/d out of the Bakken, is boosting prices.
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