OPEC+’s agreement, which will see most producers keep output steady while the Saudis cut, prompted a sharp rally in the structure of the oil futures curve as traders anticipated lower supply in the coming months. SourceContinue Reading
The decision is a victory for the administration, which has been racing to issue oil leases in the refuge’s coastal plain before the Jan. 20 inauguration of President-elect Joe Biden. SourceContinue Reading
Market conditions that might have triggered U.S. oil explorers to raise output and grab market share in recent years are, this time around, more an opportunity for them to pay down debt or boost dividends. SourceContinue Reading
U.S. Oil Executives Cautiously Optimistic About 2021 | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jan 05, 2021, 7:00 PM CST The worst seems like it’s over for the U.S. oil industry....Continue Reading
How To Play The Oil Price Rebound In 2021 | OilPrice.com James Stafford James Stafford is the Editor of Oilprice.com More Info Premium Content By James Stafford – Jan 05, 2021, 6:00 PM CST The oil industry took a tumble in 2020, but the tides are beginning to turn. Oil prices are currently wading cautiously...Continue Reading
Aspiring Oil Tycoons Brace For Disappointment | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jan 05, 2021, 5:00 PM CST Since years before the unexpected blow...Continue Reading
Will Asia Actually Fuel A Comeback In Coal? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jan 05, 2021, 4:00 PM CST As 2020 meant a slowdown...Continue Reading
Oil Rally Unaffected By Major Product Builds | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jan 05, 2021, 3:39 PM CST The American Petroleum Institute (API) reported on Tuesday a draw...Continue Reading
Since taking over for Hugo Chavez in 2013, Nicolas Maduro has resisted efforts to force him out, presiding over a precipitous deterioration of the oil-rich country. SourceContinue Reading