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Tag: oil prices
Halliburton Posts Third-quarter Profit as Higher Oil Prices Fuel Drilling Demand
2021-10-19 15:16:46| OGI
Houston-based Halliburton posted adjusted net income attributable to the company of $248 million, or 28 cents per share, in the three months ended Sept. 30, up from the $100 million or 11 cents per share reported a year earlier.
Whats Affecting Oil Prices This Week? (Oct. 18, 2021)
2021-10-18 19:00:00| OGI
While the news about COVID-19 and supply/demand fundamentals remain favorable, Stratas Advisors says they see other factors that will moderate oil prices.
Whats Affecting Oil Prices This Week? (Oct. 11, 2021)
2021-10-11 17:30:00| OGI
The increasing strength of the U.S. dollar will put some downward pressure on oil prices and, after last weeks major increase in prices, Stratas Advisors expects price movements will moderate this week.
Oil Prices Surge on Global Energy Crunch, WTI Jumps $2 to $81.35
2021-10-11 11:15:00| OGI
Oil prices in the U.S. were up $2 at $81.35/bbl, the highest since late 2014. WTI crude rose 4.6% through Oct. 8.
US Crude Stockpiles Rise Causing Oil Prices to Ease from Multiyear Highs
2021-10-06 23:05:00| OGI
A lot of the crude build seems to have gone to increased inputs into refineries, said Bob Yawger, director of energy futures at Mizuho, following an EIA report on U.S. crude oil and gasoline inventories.