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Oil Prices Rise after Cyberattack Forces Shutdown of Major US Pipeline
2021-05-10 11:05:00| OGI
While some analysts have said oil demand may never reach pre-pandemic levels, Goldman Sachs said it expected this by the end of the year and predicted Brent would hit $80 and WTI $77 within six months.
EOG Resources First-quarter Profit Surges as Oil Prices Rebound
2021-05-06 23:00:00| OGI
Rising oil prices have sparked optimism for EOG Resources and other shale producers after enduring a year of destruction in the oil markets, with WTI futures in the U.S gaining 23% in the first quarter.
Tags: resources
prices
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profit
Saudi Arabia Cuts Oil Prices for Asia, Sources Say
2021-05-06 11:30:00| OGI
Top oil exporter Saudi Arabia has cut the June official selling prices (OSPs) of all crude grades it sells to Asia, sources say.
Whats Affecting Oil Prices This Week? (May 3, 2021)
2021-05-03 19:30:00| OGI
The oil price movement from the last week is somewhat reflective of the difference in the pace of economic recovery between the U.S., where the economy continues to show signs of a robust recovery, and the Eurozone, which has fallen back into recession, says Stratas Advisors in its latest forecast.
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prices
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affecting
Whats Affecting Oil Prices This Week? (April 26, 2021)
2021-04-26 19:00:00| OGI
Surging COVID-19 cases in India have renewed concerns about the oil market recovery and forecasted demand growth, says Stratas Advisors in its latest oil price forecast.
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