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Whats Affecting Oil Prices This Week? (Nov. 2, 2020)

2020-11-02 19:00:00| OGI

A vote of confidencethree different oil markets are behind crude price volatility, Stratas Advisors says in its latest oil price forecast.

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Canada Turns on Oil Taps as Prices Rise, Curbs Lift

2020-11-02 15:08:08| OGI

Producers cut 972,000 barrels per day (bbl/d) in spring but they since restored all but 270,000 bbl/d, according to the Canada Energy Regulator.

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ConocoPhillips Posts Smaller-than-expected Loss as Oil Prices Recover

2020-10-29 14:21:16| OGI

ConocoPhillips reported a loss of $500 million, or 42 cents per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share.

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Oil Prices Plunge over 5% as Pandemic Surges, US Crude Output Soars

2020-10-28 21:30:00| OGI

That was the lowest close for Brent crude since June 12 and for WTI since Oct. 2. It was the biggest daily percentage losses for both benchmarks since Sept. 8.

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Whats Affecting Oil Prices This Week? (Oct. 26, 2020)

2020-10-26 18:00:00| OGI

Russian President Vladimir Putins statements last week will support oil prices, but will it be enough for 2021? Stratas Advisors explores the effect of Putins views on the market in its latest oil price forecast.

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