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Total Profits Hit By Volatile Oil Prices Despite Record Output
2019-04-26 18:19:53| OGI
Total's adjusted net profit, which was down for the first time since the fourth quarter of 2016, was hit by lower oil prices, with the Brent price averaging $63 per barrel in the January to March period, down 6% year-on-year.
Chevron Profit Down On Lower Oil Prices; Anadarko Deal In Focus
2019-04-26 16:25:45| OGI
CEO Mike Wirth signaled that Chevron considers itself on track to make a deal for Anadarko Petroleum despite the takeover duel started this week by Occidental Petroleum.
Frac Spread: Untethered From Oil, NGL Prices Languish
2019-04-25 18:18:11| OGI
Weak natural gas price results in expanded margins even as most NGL prices move little.
Whats Affecting Oil Prices This Week (April 22, 2019)?
2019-04-22 19:00:33| OGI
In the week since our last edition of Whats Affecting Oil Prices, Brent rose $0.24/bbl last week to average $71.62/bbl while WTI fell $0.29/bbl last week to average $63.80/bbl.
Oil Prices Inch Up On Signs Of Tighter Global Supply
2019-04-19 15:05:19| OGI
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.
Tags: global
prices
supply
oil
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