Posts

Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next - OilPrice.com

Image
Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next - OilPrice.com Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next - OilPrice.com Oil reverses losses, turns positive on stimulus hopes - CNBC W&T Offshore (WTI) Announces GoM Lease Awards & 2021 Hedges - Nasdaq Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next - OilPrice.com Posted: 14 Jan 2021 10:30 AM PST Total and Apache Corporation have made their fourth oil and gas discovery offshore Suriname in the Guyana-Suriname basin, the French supermajor said on Thursday. The discovery adds to numerous other significant oil finds in the Guyana-Suriname basin, where ExxonMobil is also a major operator besides Total and Apache. The new Total-Apache found oil at the Keskesi East-1 well, in Block 58 off the coast of Suriname, as part of "robust Suriname exploration and appraisal programs in 2021,&

Oil prices slide on record coronavirus cases and Libyan production - Yahoo Finance UK

Image
Oil prices slide on record coronavirus cases and Libyan production - Yahoo Finance UK Oil prices slide on record coronavirus cases and Libyan production - Yahoo Finance UK Posted: 26 Oct 2020 12:00 AM PDT Bloomberg Stuck in Kent: How Brexit Red Tape Choked Cross-Border Trade (Bloomberg) -- Branimir Vuckovic shuttles goods back and forth between Britain and the European Union, his Beep Beep Express Ltd. making deliveries to clients in Germany, Serbia and his native Croatia.But now he is stuck. The 45-year-old can't find a broker to prepare the customs documents he needs after Brexit. Vuckovic spent this week driving around Kent seeking help -- to no avail. He was repeatedly turned away by shipping agents who weren't taking on new clients."Who is going to do the paperwork?" Vuckovic said in a telephone interview. "No one."Vuckovic's experience highlights a flaw in the U.K.'s preparations for Brexit: a l

Oil Extends Drop After Industry Report Shows U.S. Supply Build - Bloomberg

Oil Extends Drop After Industry Report Shows U.S. Supply Build - Bloomberg Oil Extends Drop After Industry Report Shows U.S. Supply Build - Bloomberg Posted: 30 Nov 2020 12:00 AM PST [unable to retrieve full-text content] Oil Extends Drop After Industry Report Shows U.S. Supply Build    Bloomberg You are subscribed to email updates from "oil price december 2018,oil prices bloomberg" - Google News . To stop receiving these emails, you may unsubscribe now . Email delivery powered by Google Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States

EIA Raises 2021 Oil Price Forecasts - Rigzone News

Image
EIA Raises 2021 Oil Price Forecasts - Rigzone News EIA Raises 2021 Oil Price Forecasts - Rigzone News Crude oil futures rise on spot demand - Economic Times Crude oil futures up on spot demand - Economic Times U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts - OilPrice.com EIA Raises 2021 Oil Price Forecasts - Rigzone News Posted: 13 Jan 2021 03:42 AM PST The U.S. Energy Information Administration (EIA) has raised its Brent spot average and West Texas Intermediate (WTI) spot average prices for 2021, according to its latest short-term energy outlook (STEO) report. In its January STEO, the EIA sees 2021 Brent spot prices averaging $52.70 per barrel and 2021 WTI spot prices averaging $49.70 per barrel. The EIA revealed in its December STEO that it saw 2021 Brent spot prices averaging $48.53 per barrel and 2021 WTI spot prices averaging $45.78 per barrel. Oil prices are further expected to increase in 20

Why Oil Will Keep Rising In 2021 - OilPrice.com

Image
Why Oil Will Keep Rising In 2021 - OilPrice.com Why Oil Will Keep Rising In 2021 - OilPrice.com Oil Extends Gains on Expectations for Shrinking U.S. Supplies - Bloomberg Oil Prices for Jan. 06, 2021: Brent Crude, WTI - Bloomberg Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next - OilPrice.com Why Oil Will Keep Rising In 2021 - OilPrice.com Posted: 14 Jan 2021 05:00 PM PST We have seen strong moves higher in the key crude oil benchmarks-WTI, and Brent, in the last several months. This was initiated by the advent of positive news on the Covid front that the vaccines in development were extremely efficacious, promising an endpoint to the spread of the virus. This upward trend in crude was boosted by the gradual decline in U.S. shale production and inventories over the same period.  Data-EIA, Chart by Author   Finally, the move in early January, by OPEC+ to restrain output into mid-2021, a

Oil industry looks ahead to better times in 2021 - Hellenic Shipping News Worldwide

Image
Oil industry looks ahead to better times in 2021 - Hellenic Shipping News Worldwide Oil industry looks ahead to better times in 2021 - Hellenic Shipping News Worldwide Posted: 16 Dec 2020 12:00 AM PST After a year of depressed prices and dramatic price swings oil industry, officials expect to ring out the old when clocks around the world strike midnight on New Year's Eve. Though economies across the globe are still struggling with the devastating impact of the COVID-19 pandemic, analysts foresee oil prices will move modestly higher in the coming year. The U.S. Energy Information Administration (EIA), which tracks and analyzes energy markets and prices for the government, predicted in its latest forecast that Brent crude oil prices, the international benchmark for oil prices, will average around 49 U.S. dollars per barrel in 2021. "The forecast for higher crude oil prices next year reflects EIA's expectation that while inventor

${latestItem

Image
${latestItem Crude Oil Price Forecast - Crude Oil Markets Breaking Out Again - FX Empire Posted: 11 Jan 2021 12:00 AM PST WTI Crude Oil The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Friday as we continue to see strength. At this point time, the market is sitting well above the $51 level, and now I think that the $52.50 level would be your initial target. After that, I think that the $55 level then it is looked towards. Short-term pullbacks at this point in time offer buying opportunities, with the $50 level being a significant amount of support. Underneath there we have the 50 day EMA at the $45.70 level to offer a bit of a floor in the market. I do not think that this rally continues ad infinitum, but in the short term it certainly looks to be the way going forward. Crude Oil Video 11.01.21 Brent Brent markets rallied significantly during the trading session on Friday, as we h