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Oil Price Structures Show Market Balance in Second-half 2021

2021-03-31 20:30:00| OGI

Brent's front month spread is back in contango, a situation where the futures price of a commodity is higher than the spot price. This structure of the market encourages storage of oil.

Tags: show price market balance

 

Oil Price Rally Tests Drilling Discipline in US Shale Industry

2021-03-18 21:00:00| OGI

The worlds most powerful oilman is betting big against Americas shale industry.

Tags: price industry tests oil

 
 

Exxon Mobils Total Reserves Fall after COVID-19 Oil Price Drop

2021-02-25 14:58:42| OGI

Total reserves for all products fell to 15.2 billion barrels at the end of 2020.

Tags: total price fall oil

 

Enterprise Crude Volumes Drop 26.1% on Oil Price Plunge

2020-10-28 15:36:23| OGI

Third-quarter pipeline transport struggled after producers slashed production.

Tags: price oil drop enterprise

 

Oil Market Uncertainty Remains, Price Painful But Not Terminal for Most

2020-07-17 17:59:14| OGI

Questions linger around OPECs oil production cut compliance and a potential ramp-up in U.S. shale plays.

Tags: most price market remains

 

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