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Oil Prices Set for 20% Drop in 2020

2020-12-31 15:10:00| OGI

The next major oil price driver will be a Jan. 4 meeting of OPEC and allies including Russia, a group known as OPEC+, which will debate boosting output from February.

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Oil Prices Climb on Hopes US Pandemic Stimulus will Spur Fuel Demand

2020-12-29 22:30:00| OGI

WTI, crude futures in the U.S., settled 38 cents, or 0.8%, higher at $48/bbl on Dec. 29, while Brent crude futures settled up 23 cents, or 0.5%, at $51.09/bbl.

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

2020-12-28 19:05:00| OGI

Oil rebounded from lows that were seen on Dec. 22 following another round of support including a drawdown in U.S. stock levels and a coronavirus aid package, Stratas Advisors says in its latest oil price forecast.

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

2020-12-21 20:00:00| OGI

The price of crude oil moved upward again last week with Brent crude closing the week at $52.26 after closing the previous week at $49.97. 

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

2020-12-14 19:00:00| OGI

Better times aheadbut not there yet, Stratas Advisors says in its latest oil price forecast.

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