Oil prices fell today as a projected rise in US crude oil inventories raised concerns in the market that the supply-demand balance is deteriorating.
Westwood Global Energy Group has published a note giving a preliminary assessment of the deal from each company’s perspective and the outlook for the merged company and the wider North Sea M&A market.
Oil prices have swung towards both sides today, due to the uncertainty that the OPEC+ meeting created, and as the US election is coming closer and closer.
More Special reports news
Oil prices declined today as US President Donald Trump halted negotiations on a new stimulus bill that would support the Covid-19 hit economy, while US crude stocks also increased.
LYTT has claimed that production benefits of hundreds of millions of dollars per asset can be realised through the use of in-well fibre optic technology when the vast amounts of data produced are managed and translated rapidly into actionable insights.
Oil prices declined on Wednesday as oil demand seems fragile amid a rise in Covid-19 infections, while supply increases.
Yasuyuki Kawasumi, Yokogawa Electrical Corp., Japan, explains why continuous monitoring of noise levels in upstream facilities is a critical step towards improving hearing conservation programmes.
Oil prices declined on Monday as Covid-19 infections continue to increase and on key market participants’ pessimism.