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A service for global professionals · Monday, April 19, 2021 · 538,830,317 Articles · 3+ Million Readers
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Oklahoma OPEC Newswire

  • Published on Apr 16, 2021

    Oil Demand Growth Overcomes Vax Setbacks

    (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Oil demand growth is progressing despite hurdles linked to COVID-19 vaccinations, according to one …

    Source: Rigzone - Neutral
  • Published on Apr 13, 2021

    Crude Oil’s Underlying Fundamentals Continue to Strengthen

    A correction and a meager bounce Oil products signal rising demand Inventories in Q1 were mostly bullish Levels to watch in crude oil The three most bullish factors for the energy commodity in Q2 Crude oil prices moved higher throughout most of 2021’s …

    Source: Investing.com - Neutral
  • Published on Apr 7, 2021

    Oil prices end higher as traders weigh latest supply update, demand prospects

    Oil prices ended higher on Wednesday, shaking off an earlier decline, as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories. Once traders “looked …

    Source: MarketWatch - Neutral
  • Published on Apr 7, 2021

    Oil prices fall as U.S. data show hefty rise in gasoline supplies

    Oil prices headed lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories. …

    Source: MarketWatch - Neutral
  • Published on Apr 5, 2021

    Crude Oil Hits A Speedbump. Why That's Bullish For Traders

    This article was written exclusively for Investing.com A high on Mar. 8 after OPEC+’s decision and an attack on Saudi production Elevator ride lower on Mar. 18 Crude oil’s geopolitical dynamics have changed Going into peak season for gasoline demand could …

    Source: Investing.com - Neutral
  • Published on Mar 31, 2021

    Oil prices struggle for direction ahead of supply data, OPEC+ meeting

    Oil futures traded near unchanged Wednesday after an industry group reported a rise in U.S. crude inventories ahead of official data and investors awaited a meeting of OPEC and its allies on production curbs. West Texas Intermediate crude for May delivery …

    Source: MarketWatch - Neutral
  • Published on Mar 27, 2021

    US oil, rig count jumps 11 to 513, as Permian keeps adding: Enverus

    The US oil and gas rig count jumped 11 to 513 in the week ending March 24, rig data provider Enverus said, as the prolific Permian Basin of West Texas and southeast New Mexico continued to add rigs amid lower but still robust crude prices. Permian rigs …

    Source: Investing.com - Neutral
  • Published on Mar 25, 2021

    Special Focus- 2021 Forecast & Review U.S. Oil and Gas Production

    Despite an historically low, 54% decline in drilling activity, U.S. oil production was down just 7.6% on a year-over-year basis, averaging 11.318 MMbopd in 2020. The loss in U.S. output could have been more drastic, but OPEC+ did a masterful job of …

    Source: Big News Network - Neutral
  • Published on Mar 17, 2021

    Oil prices fall as U.S. supply climbs a 4th week and after IEA deems supercycle unlikely

    Oil futures declined Wednesday, after the U.S. government reported a fourth consecutive weekly climb in domestic crude inventories and International Energy Agency deemed a “supercycle,” or sustained rise in prices for the commodity, unlikely in its latest …

    Source: MarketWatch - Neutral
  • Published on Mar 14, 2021

    Alex Mills: Crude oil and gasoline prices rise as demand increases

    Crude oil and gasoline prices have rebounded from lows recorded in mid-2020 created by an economic recession amidst the global COVID-19 pandemic. Oil prices on the New York Mercantile Exchange have risen from $16 per barrel in April 2020 to reach $65 this …

    Source: Abilene Reporter News - Texas - Neutral
  • Published on Mar 12, 2021

    Increasing Gas Prices Pose Problem For Consumers, Help Boost Oklahoma Economy

    The pain at the pump is being felt across Green Country and nationwide. Experts said your wallet might feel a little thinner after gassing up for the next several months.  Gas prices nationwide are on the rise. While experts say it could be good for the …

    Source: Oklahoma State News.Net - Neutral
  • Published on Mar 10, 2021

    Futures Movers: Oil futures edge higher ahead of inventory data

    Oil futures lost their grip on early gains Wednesday, drifting lower after government data showed a sharp rise in crude inventories, albeit accompanied by a drop in product stocks. Remarks by Russia’s deputy prime minister, Alexander Novak, highlighting …

    Source: Investing.com - Neutral
  • Published on Mar 5, 2021

    The Next U.S. Oil And Gas Boom Suddenly Looms On The Horizon

    Photo by: BBBST/STAR MAX/IPx 2021 3/4/21 Crude at highest level since 2019 as OPEC keeps output ... [+] unchanged. STAR MAX Photo: USO chart photographed off an iphone SE 2020. BBBST/STAR MAX/IPx The history of the oil and gas …

    Source: Forbes - Neutral
  • Published on Mar 5, 2021

    Saudi Arabia bets ‘Drill, Baby, Drill’ over in push for pricier oil

    By keeping a tight grip on supply at Thursday’s meeting of the OPEC+ alliance of oil producers, Saudi energy minister Prince Abdulaziz bin Salman showed he’s focused on boosting prices -- and confident that this time around it won’t encourage American …

    Source: Mint - Neutral
  • Published on Mar 3, 2021

    Oil Futures Advance as OPEC+ Mull Rollover Cuts into April

    The virus mutations and painfully slow rollout of the vaccine in parts of the world prompted German officials this week to extend a nationwide lockdown until the end of March, dampening economic activity in the Europe's largest economy that increases …

    Source: Progressive Farmer - Neutral
  • Published on Mar 1, 2021

    Oil Drops on Pre-OPEC Jitters of Higher Output

    By Barani Krishnan Investing.com - It’s hitting the market as expected — pre-OPEC jitters — and only the Saudis and Russians can decide if they want to calm these before the week rolls over, to allow the rally in oil to continue without a breather. Crude …

    Source: Investing.com - Neutral
  • Published on Feb 24, 2021

    Oil prices mark 13-month highs as U.S. data hint at larger supply losses ahead

    Oil futures settled at fresh 13-month highs Wednesday, as data from the U.S. government showed weekly crude supplies edged up on the back of a sharp decline in distillate inventories. The inventory changes hinted at larger supply losses in the weeks ahead, …

    Source: MarketWatch - Neutral
  • Published on Feb 26, 2021

    Why natural-gas prices underperformed oil prices in February by a long shot

    It’s no surprise to see both oil and natural-gas prices finish higher for the month of February as frigid temperatures in the nation’s largest energy-producing state of Texas caused temporary output declines, but natural gas has pulled back significantly …

    Source: MarketWatch - Neutral
  • Published on Feb 22, 2021

    Out of gas: Weather stops fuel deliveries

    Gas pumps around town were no longer pumping or slowing down in the second half of this week, with the snow and ice creating a temporary shortage. “We have a little bit of unleaded plus,” Dilip Basnet said Thursday afternoon from his Shell Station on Lamar …

    Source: Paris News - Texas - Neutral
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