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US Shale Producers Lock in Future Sales as Oil Prices Hit One-year High
2021-01-15 11:10:00| OGI
U.S. shale producers that are hedging are likely locking in about 15% to 20% of production at a time, said Tom Petrie, chairman at energy investment bank Petrie Partners.
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sales
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Oil Prices Rally Further after US Inventory Drop
2021-01-13 11:15:00| OGI
Both crude oil benchmarks are trading at the highest since February 2020, before the coronavirus outbreak in China began spreading across the world and billions of people went into lockdown.
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Whats Affecting Oil Prices This Week? (Jan. 11, 2021)
2021-01-11 19:00:00| OGI
The U.S. political arena and the management of the oil markets are poised for interaction, and the resulting dynamics could trigger market volatility that will surpass even that seen last year, Stratas Advisors says in its latest oil price forecast.
Oil Prices Rise to 11-month High after Saudi Arabia Pledges Unilateral Output Cut
2021-01-06 11:15:00| OGI
WTI futures in the U.S. climbed as much as 0.6% to $50.24/bbl, also the highest since Feb. 26, before slipping to $49.96. The contract on Jan. 5 closed up 4.6%.
Whats Affecting Oil Prices This Week? (Jan. 4, 2021)
2021-01-04 19:00:00| OGI
In its latest oil price forecast, Stratas Advisors examines fundamentals versus broader market factors.
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