Oil Price

OPEC Revises Down Global Oil Demand Forecast For 2021 | OilPrice.com

OPEC expects oil demand to rise by 5.8 million barrels per day (bpd) this year, down by around 100,000 bpd from last month’s projection due to lockdowns in major developed economies in the first half of this year
oilprice.com - February 11, 2021

4 Shale Stocks to Buy as Oil Price Nears Pre-Pandemic Mark

Given the improvement in the crude pricing environment, it will be ideal for investors to consider oil producers. FANG, PXD, MTDR & EOG are well poised to gain.
www.zacks.com - February 11, 2021

Oil & Gas Stock Roundup Headlined by Exxon, Shell & BP's Q4 Earnings

Integrated supermajors ExxonMobil (XOM), Royal Dutch Shell (RDS.A) and BP plc (BP) reported December-quarter earnings. Meanwhile, Chevron (CVX) entered into an agreement to buy the remaining Noble Midstream (NBLX) units.
www.zacks.com - February 11, 2021

GNE: 3 Oil Stocks Heating up for February: Genie Energy, SilverBow Resources, and VAALCO Energy | StockNews.com

Genie Energy Ltd.(NYSE:GNE): Crude oil continues to recuperate from a wicked 2020 demand shock. The industry has responded with a successful, herculean effort to safely operate essential assets in an unprecedented and challenging period. A widespread coronavirus vaccination effort and accelerating economic activity, coupled with global supply restrictions, have renewed optimism around the industry. As a result, stocks like Genie (GNE), VAALCO (EGY) and SilverBow (SBOW) could be heating up. Curious? Let’s dig in.
stocknews.com - February 10, 2021

The Most Fragile Oil Price Rally In History | OilPrice.com

Oil is on a tear, and suddenly, everyone seems to be bullish, but despite all, this is probably the most fragile oil price recovery in history
oilprice.com - February 10, 2021

How Much Higher Can Oil Prices Go? | OilPrice.com

Oil prices have rallied back to the point they are almost ready to match pre-Covid levels, and there's reason to be believe that the current rally will continue
oilprice.com - February 10, 2021

Bullish Sentiment Takes Over Oil Markets | OilPrice.com

Bullish sentiment is well and truly back in oil markets, with demand rebounding and some analysts predicting $100 in the not-so-distant future
oilprice.com - February 09, 2021

Why Liberty Oilfield Services Stock Is Sinking Today | The Motley Fool

A couple of factors are weighing on the oilfield services stock.
www.fool.com - February 09, 2021

American Oil & Gas Drillers Add Rigs for 11 Successive Weeks

Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.
www.zacks.com - February 09, 2021

My Top Oil Stock to Buy Right Now | The Motley Fool

With oil prices pushing into the mid-$50s, this oil stock is on track to produce a gusher of cash this year.
www.fool.com - February 09, 2021

3 Oil Stocks With Safe Dividends: PSX, ENB, EPD

Some investors may be nervous about wading into oil stocks, even with juicy dividends. Some fear is warranted, but these three stand strong.
investorplace.com - February 09, 2021

Energy Names Take Off as Oil Returns to Pre-Pandemic Levels

Five of the top six stocks on the S&P 500 on Monday were oil producers - Marathon Oil (MRO), Occidental Petroleum (OXY), Apache (APA), Diamondback Energy (FANG) and Hess (HES).
www.zacks.com - February 09, 2021

Why Oil Drillers Like Occidental, ConocoPhillips, Kosmos, and Centennial Rallied Today | The Motley Fool

The big number for exploration and production names is 60. Here's why it matters.
www.fool.com - February 08, 2021

Big Oil Wins Big in U.K. Offshore Wind Auction | The Motley Fool

BP and Total won several offshore leases to develop new wind projects in the U.K.
www.fool.com - February 08, 2021

Oil May Not Be Chevron’s Largest Business In 20 Years | OilPrice.com

While oil and gas will certainly be needed for decades to come, the oil and gas division may not be Chevron’s top business in 20 years, although it will still be a very big part of the U.S. supermajor’s operations
oilprice.com - February 08, 2021

The Oil Deal That Could Destroy Iraq From Within | OilPrice.com

While Biden’s foreign policy in the Middle East remains unclear, his first moves in the region suggest that he is playing a dangerous geopolitical game with some of Washington’s key allies
oilprice.com - February 08, 2021

QEP: 2 Small-Cap Oil & Gas Stocks to Add to Your Watch List | StockNews.com

QEP Resources, Inc.(NYSE:QEP): With the gradual resumption of economic activities worldwide, demand for crude oil has been recovering and is expected to return to near pre-pandemic levels in the near future. As the global economy resumes industrial production, we believe stocks like QEP Resources (QEP) and Genie Energy (GNE) should deliver decent returns.
stocknews.com - February 08, 2021

Best Oil Stocks of 2021 - InvestorPlace

Though many oil companies have retreated from their mid-decade peaks, the best oil stocks remain some of the highest dividend-payers on the market. Many of these firms have conservatively run businesses — converting their vast oil reserves into cash for shareholders. Others have more aggressively moved into renewable energy, including onshore/offshore wind, solar power and....
investorplace.com - February 08, 2021

Oil Hits $60 For The First Time Since Pandemic Started | OilPrice.com

Brent Crude prices hit $60 a barrel early on Monday, rising above that threshold for the first time since the start of the COVID-19 pandemic early last year
oilprice.com - February 08, 2021

Is There An Oil Price Correction Coming?

Even as Baker Hughes reported a rise in the number of active drilling rigs in the United States on Friday, oil prices continued to see gains on Friday afternoon. At 4:19pm EDT, WTI crude was still up 1.32% on the day at $56.97. Brent was still up ...
www.baystreet.ca - February 08, 2021

Is A Career In Oil Still A Safe Bet? | OilPrice.com

The downturn in oil prices has led to mass layoffs in the industry, leaving many aspiring graduates wondering if their career choice is still a safe bet
oilprice.com - February 07, 2021

Why Big Oil Isn’t Worried About Biden’s Executive Orders | OilPrice.com

President Joe Biden has passed a string of executive orders viewed as hostile towards the oil industry, but the reality isn’t as bad as the perception
oilprice.com - February 07, 2021

Warning to Energy Investors: Coal Is Dead and Oil Is Next | The Motley Fool

Oil stocks could be facing the same pressures that doomed coal a decade ago.
www.fool.com - February 06, 2021

Is There An Oil Price Correction Coming? | OilPrice.com

Even as Baker Hughes reported a rise in the number of active drilling rigs in the United States on Friday, oil prices continued to see gains on Friday afternoon
oilprice.com - February 06, 2021

Iran Boasts Oil Production Increase | OilPrice.com

Iran is claiming that it is already increasing its oil production, and will have reached pre-sanctions levels within a month or two. Iran is also claiming that the market would be able to absorb its full-out production of 4 million barrels per day
oilprice.com - February 05, 2021

Oil Prices Rally Towards $60 | OilPrice.com

U.S. West Texas Intermediate crude oil futures rose to their highest levels in nearly a year on Friday with Brent traders zeroing in on the psychological $60 a barrel level on economic revival hopes led by strong compliance with the planned output cuts by OPEC+
oilprice.com - February 05, 2021

Why Northern Oil and Gas Stock Popped 11% Today | The Motley Fool

The unprofitable oil maker is raising cash by selling stock.
www.fool.com - February 05, 2021

Canada Oil And Gas Deals Surge 468% | OilPrice.com

The value of mergers and acquisitions (M&As) in Canada jumped in the fourth quarter of 2020, thanks to the blockbuster deal between Cenovus Energy and Husky Energy, GlobalData’s deals database has shown
oilprice.com - February 05, 2021

Trading Giant Gunvor: $60 Could Be The Ceiling For Oil Prices | OilPrice.com

Oil prices are unlikely to soar much above the $60 per barrel mark, considering that this price level would incentivize a lot of oil supply
oilprice.com - February 05, 2021

Shell Sees Return To ‘Normal’ Oil Demand In 2022 | OilPrice.com

Royal Dutch Shell expects global oil demand to return to some sort of normalcy next year, chief executive Ben van Beurden said on Thursday as the supermajor reported another set of weak Big Oil results affected by the pandemic
oilprice.com - February 04, 2021