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Oil Prices Rise after Cyberattack Forces Shutdown of Major US Pipeline

2021-05-10 11:05:00| OGI

While some analysts have said oil demand may never reach pre-pandemic levels, Goldman Sachs said it expected this by the end of the year and predicted Brent would hit $80 and WTI $77 within six months.

Tags: us major prices oil

 

EOG Resources First-quarter Profit Surges as Oil Prices Rebound

2021-05-06 23:00:00| OGI

Rising oil prices have sparked optimism for EOG Resources and other shale producers after enduring a year of destruction in the oil markets, with WTI futures in the U.S gaining 23% in the first quarter.

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Saudi Arabia Cuts Oil Prices for Asia, Sources Say

2021-05-06 11:30:00| OGI

Top oil exporter Saudi Arabia has cut the June official selling prices (OSPs) of all crude grades it sells to Asia, sources say.

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Whats Affecting Oil Prices This Week? (May 3, 2021)

2021-05-03 19:30:00| OGI

The oil price movement from the last week is somewhat reflective of the difference in the pace of economic recovery between the U.S., where the economy continues to show signs of a robust recovery, and the Eurozone, which has fallen back into recession, says Stratas Advisors in its latest forecast.

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Whats Affecting Oil Prices This Week? (April 26, 2021)

2021-04-26 19:00:00| OGI

Surging COVID-19 cases in India have renewed concerns about the oil market recovery and forecasted demand growth, says Stratas Advisors in its latest oil price forecast.

Tags: april week prices oil

 

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