Oil Price

Rallying Oil Prices Are A Headache For Airlines | OilPrice.com

As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to raise jet fuel costs for the industry that has been suffering a lot from the lockdowns
oilprice.com - February 04, 2021

Oil gains on continued OPEC+ cuts and U.S. stocks draw

Oil gains on continued OPEC+ cuts and U.S. stocks draw
www.streetinsider.com - February 04, 2021

Big Oil 2020 Earnings Synopsis: Is Recovery Around the Corner?

With fuel demand improving gradually, upstream and downstream businesses are likely to improve for XOM, CVX and BP in the coming quarters.
www.zacks.com - February 04, 2021

How High Will Oil Prices Go This Year? | OilPrice.com

Oil prices are gradually nearly the $60 mark, and as COVID concerns ease, they could head even higher
oilprice.com - February 03, 2021

Big Oil Books One Of Worst Years On Record | OilPrice.com

Big Oil recorded one of its worst years in history because of the coronavirus pandemic that pushed their financial results deep into negative territory
oilprice.com - February 03, 2021

Oil Prices Inch Lower On EIA Crude Inventory Report | OilPrice.com

Crude oil prices fell slightly today after the Energy Information Administration reported a crude oil inventory draw of 1 million barrels for the last week of January. Fuel inventories were mixed
oilprice.com - February 03, 2021

Another Oil Giant Joins The Blockchain Bandwagon | OilPrice.com

Oil majors are taking a deep dive into new technology in order to increase efficiency and production and reduce costs
oilprice.com - February 03, 2021

3 Oil Stocks to Buy Today

Fossil fuels aren't going away overnight and it would be a mistake to avoid these three oil stocks poised to rally in 2021.
investorplace.com - February 03, 2021

China’s Oil Storage Levels Are Falling In Early 2021 | OilPrice.com

Crude oil inventories in China have accelerated their decline in recent weeks, Bloomberg reported on Wednesday
oilprice.com - February 03, 2021

ExxonMobil (XOM) vs BP (BP): Which Is A Better Oil Stock To Buy Right Now?

As these oil majors continue to reel from the pandemic, which is the better buy amid the oil recovery?
stockmarket.com - February 03, 2021

Oil And Gas Pipelines Set To Suffer Under Biden | OilPrice.com

The killing of Keystone XL and the climate executive orders that followed in President Biden’s first ten days in office are sending a warning to oil and gas infrastructure developers
oilprice.com - February 02, 2021

Why Oil Stocks Are Trading Higher Today

The shares of several oil companies are trading higher on Tuesday in sympathy with crude oil prices. The price of WTI crude surged to $55 per barrel for the ...
www.benzinga.com - February 02, 2021

OPEC+ Now Sees Weaker Oil Demand Growth For 2021 | OilPrice.com

OPEC+ expects global oil demand to rise by 5.6 million barrels per day (bpd) this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand increase from less than three weeks ago
oilprice.com - February 02, 2021

Oil surges on signs of a tight global crude market

Futures climbed as much as 2.4% in New York on Monday with the S&P 500 rebounding from the worst selloff since October. Meanwhile, Saudi Aramco sees oil demand returning to pre-Covid levels later this year, saying it is confident the worst of the pandemic is now in the rearview mirror.
www.worldoil.com - February 02, 2021

A Glimmer Of Hope For Oil Markets | OilPrice.com

Things appear to be looking up in oil markets, and bulls have reason to be optimistic in 2021, based on the latest supply and demand data and forecasts
oilprice.com - February 01, 2021

The Guyana-Suriname Basin Could Be The Last Big Oil Boom | OilPrice.com

Oil supermajors have been flocking to South America for the past several years, with Guyana and Suriname exploding with investor interest
oilprice.com - February 01, 2021

7 Oil Stocks to Consider as Our SUV Addiction Reigns Supreme

During pandemic-disrupted 2020, oil stocks were largely out of favor. But this year, rising SUV sales might help lift this troubled sector.
investorplace.com - February 01, 2021

Goldman Expects Oil Demand To Rebound To 100 Million Bpd By August | OilPrice.com

Goldman Sachs had another bullish message for oil markets this week, saying in a note that it expected global oil demand to recover to pre-pandemic levels of 100 million bpd by August this year
oilprice.com - February 01, 2021

American Oil & Gas Drillers Add Rigs for 10 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 01, 2021

What are the best oil and gas industry stocks to buy in February? | Invezz

The price of crude oil continues to trade above the $50 support level, but Covid-19 concerns and new restrictive measures could significantly reduce oil demand. According to the latest news, the U.S. crude supply fell 5.3M barrels last week, and some estimates say that it could fell even more. “U.S. energy stocks likely will be […]
invezz.com - January 31, 2021

Crude oil, Gold, Palladium price analysis roundup | Invezz

The global stock markets weakened last week, Wall Street’s three main indexes closed sharply lower on Friday and registered their biggest weekly declines since October. The world still needs to face COVID-19 challenges, and risk aversion will prevail the next trading week. “Concerns over a stretched valuations, new coronavirus variants, and rising COVID-19 cases kept […]
invezz.com - January 31, 2021

Saudi Arabia's Oil Fears Look Well Founded

The recovery in oil demand is taking a pause.
www.bloomberg.com - January 31, 2021

One Of The World’s Oldest Oil Regions Is Being Reinvigorated | OilPrice.com

Azerbaijan and Turkmenistan are settling one of the region’s longest-standing maritime disputes, reinvigorating one of the world’s oldest oil producing regions
oilprice.com - January 30, 2021

What Was The Best Performing Oil Major In 2020? | OilPrice.com

Total outshined all other peers, as the French company not only excelled in financial and operational performance, but also was the only major to replace all of the year’s produced resources
oilprice.com - January 30, 2021

The Impact Of Abandoned Oil Wells On The Environment | OilPrice.com

Across North America, there are millions of abandoned oil and gas wells, and they’re leaking several hundreds of kilotons of methane each year
oilprice.com - January 30, 2021

New Vaccine Hopes Boost Oil Prices | OilPrice.com

With news of new vaccines from Johnson & Johnson and Novavax on Friday, oil prices climbed on hopes of a return to normal
oilprice.com - January 30, 2021

5 Oil And Gas Predictions For 2021 | OilPrice.com

Following one of the least predictable years in recent history, this year’s oil and gas markets will hopefully be easier to predict and could provide some big returns
oilprice.com - January 28, 2021

Oil Price Rally Stalls On Chinese Covid Concerns | OilPrice.com

The oil price rally has paused as China encourages its population not to travel during Chinese New Year
oilprice.com - January 27, 2021

U.S. Oil Bankruptcies To Fall As Prices Stabilize | OilPrice.com

After the costliest Chapter 11 year in history, 2021 bankruptcy numbers will normalize if WTI keeps up
oilprice.com - January 27, 2021

Oil & Gas Stock Roundup Headlined by SLB, KMI & BKR's Q4 Earnings

Energy companies Schlumberger (SLB), Kinder Morgan (KMI) and Baker Hughes (BKR) reported December-quarter earnings.
www.zacks.com - January 27, 2021