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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.

Tags: total record prices hit

 

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.

Tags: prices lower focus deal

 
 

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.

Tags: prices oil spread frac

 

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.

Tags: april week prices oil

 

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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