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Whats Affecting Oil Prices This Week? (Feb. 8, 2021)

2021-02-08 19:00:00| OGI

Oil prices are now back at a level last seen in January 2020, Stratas Advisors says in its latest oil price forecast. In comparison, the price of Brent crude hit a low of $19.33 on April 21, 2020 and was still only at $37.94 on Oct. 30, 2020.

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Oil prices climb back to pre-pandemic levels

2021-02-08 05:24:34| BBC News | Business | UK Edition

Having hit an all-time low last year, oil has recovered on the hopes of a quicker economic turnaround.

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Column: Escalating Oil Prices Signal Need for More Output

2021-02-05 15:48:35| OGI

Shrinking inventories and rising consumption indicate that higher production will be needed in the second half of the year.

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Oil Prices Reach Highest in a Year As Producers Limit Production

2021-02-02 20:35:00| OGI

Gobal and U.S. crude oil prices rallied as optimism about more U.S. economic stimulus added to market bullishness from supply cuts.

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Whats Affecting Oil Prices This Week? (Feb. 1, 2021)

2021-02-01 20:00:00| OGI

The price of Brent crude oil closed last week at $55.88, which continues the recent trend of the price of Brent crude oil slowly creeping upward, Stratas Advisors says in its latest oil price forecast.

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