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Oil Prices Firm But Concerns Grow About Demand

2019-06-06 14:37:38| OGI

Oil prices rose by more than 1% on June 6, recovering from a near five-month low in the previous session but sentiment stayed weak due to rising U.S. supply and a stalling global economy.

Tags: prices firm oil demand

 

Lower Oil Prices Start To Rebalance The Market

2019-06-05 02:58:39| OGI

Lower oil prices are starting to rebalance the oil market by slowing the rise in U.S. crude output and encouraging Saudi Arabia and its allies to extend production cuts through the end of 2019.

Tags: start market prices lower

 
 

What's Affecting Oil Prices This Week (June 3, 2019)?

2019-06-03 18:19:12| OGI

The weekly average Brent price fell $2.11/bbl last week to average $68.21/bbl. WTI fell even more sharply, down $3.80/bbl to average $57.01/bbl.

Tags: june week prices oil

 

Steep Prices Holding Back Oil Sands

2019-05-30 15:00:00| OGI

Project costs have declined in western Canada but production growth is still expected to lag.

Tags: back prices oil holding

 

What's Affecting Oil Prices This Week (May 20, 2019)?

2019-05-20 20:53:53| OGI

For the week ahead we expect Brent to be generally range-bound and average closer to $71/bbl on news out of OPEC, concerns about U.S. crude builds, and ongoing trade tensions with China.

Tags: week prices oil affecting

 

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