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Whats Affecting Oil Prices This Week? (Sept. 28, 2020)

2020-09-28 18:00:00| OGI

So far in 2020 the oil market has seen Brent crude plummet, the U.S. lose 3 million bbl/d of crude production and European refiners more than halve utilization rates. However, as incredible as it seems, the worst might be yet to come, Stratas Advisors says in its latest oil price forecast.

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Whats Affecting Oil Prices This Week? (Sept. 21, 2020)

2020-09-21 18:30:00| OGI

The first cut is the deepestor not? OPEC+ will likely need to add oil output cuts soon, Stratas Advisors says in its latest oil price forecast.

Tags: week prices oil sept

 
 

Oil Prices Rise over 2% as US Gulf Coast Braces for Hurricane Sally

2020-09-16 00:05:00| OGI

Oil prices gained ahead of Hurricane Sally's expected landfall on the U.S. Gulf Coast. Brent crude futures gained 92 cents, or 2.3%, to settle at $40.53/bbl, while WTI crude rose $1.02, or 2.7%, to settle at $38.28/bbl.

Tags: prices oil rise coast

 

Whats Affecting Oil Prices This Week? (Sept. 14, 2020)

2020-09-14 18:35:00| OGI

From Russia with...honestya surprisingly bearish outlook from Russian Energy Minister Alexander Novak provided evidence of cohesion in the extended OPEC+ agreement on oil production cuts.

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Baker Hughes Plots Low Carbon Future as Oil Prices Remain Low

2020-09-08 21:45:18| OGI

The company will continue to downsize its oilfield services and equipment portfolio, CEO Lorenzo Simonelli said at the Barclays CEO Energy-Power conference.

Tags: low future prices remain

 

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