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Saudi Arabia Slashes April Crude Oil Prices After OPECs Supply Pact Collapsed
2020-03-08 03:45:31| OGI
Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPECs oil supply cut pact with Russia fell apart on March 6, sending oil into a tailspin.
KeyBanc: Volatility To Drive Oil, Gas Prices In 2020
2020-02-13 15:00:00| OGI
The current oil and gas investor environment is the worst weve seen in multiple decades, says KeyBanc analyst Leo Mariani.
Marathon Oil Profit Misses Estimates As Prices Tumble
2020-02-13 14:35:43| OGI
Marathon Oil's quarterly results mirrored weaker earnings across the sector, as prices of global crude fell in the quarter on oversupply and demand concerns.
Tags: prices
oil
profit
estimates
Oil Prices Drop To 13-month Low In Wake Of Coronavirus Outbreak
2020-02-11 00:00:00| OGI
Oil prices have dropped more than 25% from a peak in January with U.S. crude back below $50 a barrel after the spreading virus hit demand in China, the world's largest oil importer.
What's Affecting Oil Prices This Week (February 3, 2020)?
2020-02-03 18:42:08| OGI
For the week ahead, Stratas Advisors expect weakness to persist with Brent averaging potentially below $55/bbl.
Tags: february
week
prices
oil
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