Oil gains on US hurricane but rise may be short-lived
Oil prices rose today as US production is hit by yet another hurricane, but the gains may prove to be short-lived due to the worsening Covid-19 pandemic.
Oil prices rose today as US production is hit by yet another hurricane, but the gains may prove to be short-lived due to the worsening Covid-19 pandemic.
Oil prices remained mostly unchanged on Friday, despite an overall bearish sentiment caused by the pandemic, with the only bullish note coming from Russia.
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.
Westwood Global Energy 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 fell today on bearish Covid-19 news, but anticipation of the OPEC+ meeting and crude inventory draws still provide support.
OPEC's Secretary General has said that the OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November.
Oil prices are fluctuating around Tuesday’s levels today on mixed signals from the IEA and on anticipation of the OPEC+ upcoming meeting.
Mike Rice, Dropsafe, identifies and discusses four key Drops-related safety challenges facing oil and gas operators in South East Asia.
Oil prices have risen today as a hurricane in the US and an oil worker strike in Norway reduce global supplies.
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.