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Oil Prices Rise to One-week High on US Supply Concerns
2021-09-13 11:15:00| OGI
Goldman Sachs analysts estimated that Hurricane Ida caused U.S. oil inventories to decline by about 30 million barrels and could push up U.S. refining margins and further widen the price spread between WTI and Brent.
Oil Prices Climb on Slow Return of US Supply after Hurricane Ida
2021-09-08 11:35:00| OGI
Producers in the U.S. Gulf of Mexico are still struggling to restart operations nine days after Hurricane Ida swept through the region with powerful winds and drenching rain.
Tags: return
prices
supply
oil
Whats Affecting Oil Prices This Week? (Sept. 7, 2021)
2021-09-07 19:00:00| OGI
Stratas Advisors details several emerging positive factors that reinforce the firms expectations that demand will continue to outpace supply, leaving oil prices with a good chance of drifting upwards.
Saudi Arabia Slashes Crude Oil Prices to Asia
2021-09-07 15:15:00| OGI
State oil giant Saudi Aramco lowered for the first time in four months the official selling price of Arab Light crude for delivery to Asia in October to a premium of $1.70/bbl versus the average of DME Oman and Platts Dubai crudes.
Whats Affecting Oil Prices This Week? (Aug. 30, 2021)
2021-08-30 19:00:00| OGI
Oil prices are getting some support from a couple of short-term disruptions that are affecting the crude oil supply in the Gulf of Mexico, says Stratas Advisors in its latest oil price forecast.
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