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ConocoPhillips Expects Higher First-quarter Output as Oil Prices Recover
2021-03-31 15:05:52| OGI
The top independent U.S. oil producer forecast production of 1.47 million barrels of oil equivalent per day (MMboe/d) to 1.49 MMboe/d.
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Whats Affecting Oil Prices This Week? (March 29, 2021)
2021-03-29 20:30:00| OGI
Oil prices reacted to a range of developments last week, including the blockage of the Suez Canal. However, the oil market will be soon turning its attention to the upcoming OPEC+ meeting, says Stratas Advisors in its latest oil price forecast.
Oil Prices Fall as Ship Blocking Suez Canal Partially Refloated
2021-03-29 11:10:00| OGI
Now that the Suez mini-crisis is being resolved the oil market is left to its own fundamental devices again, says PVM Oil Associates analyst Tamas Varga.
Oil Prices Rise over 3% on Fears Suez Blockage May Last Weeks
2021-03-26 14:55:00| OGI
Oil prices, however, were still headed for a third consecutive weekly loss, with the outlook for demand dented by fresh coronavirus lockdowns in Europe despite the Suez Canal blockage.
Oil Prices Rise after Suez Canal Ship Runs Aground Blocking Traffic
2021-03-24 13:55:00| OGI
The potential disruption to supplies due to the Suez Canal incident has lifted oil prices, but the reprieve seems temporary, says Jeffrey Halley of brokerage OANDA.
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