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Weak Oil Prices Hit Exxon Mobils 3Q Earnings

2019-10-02 20:52:09| OGI

arnings in the companys oil and gas production unit are expected to fall about 45% from last years $4.23 billion in operating profit, Exxon Mobils data showed.

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What's Affecting Oil Prices This Week (September 30, 2019)?

2019-09-30 20:57:55| OGI

The biggest threat to demand continues to be the U.S.-China trade war.

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Analyst: Oil Prices Should Remain More Stable As Trade Has Become More Globalized

2019-09-30 11:15:50| OGI

Jamie Webster, senior director for Boston Consulting Group, said during EIA International Energy Outlook 2019 nations like the U.S. will be able to levy targeted sanctions without it affecting the global market. Heres why.

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What's Affecting Oil Prices This Week (September 23, 2019)?

2019-09-23 20:27:24| OGI

Flooding in east Texas impeded some refinery activity and slowed shipments through the Houston Ship Channel. 

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What's Affecting Oil Prices This Week (September 16, 2019)?

2019-09-16 17:18:02| OGI

As expected, Brent lost momentum at the end of the week. The International Energy Agencys latest Oil Market Report revealed their expectation that rebalancing would need to continue through 2020 based on current stock levels and lackluster demand growth.

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