What's Affecting Oil Prices This Week? (Dec. 23, 2024)
For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.
Paisie: With Oil Prices, It’s All About the Economy
One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.
Kissler, Wyett: Trump Tariffs and Potential Energy Market Aftershocks
U.S. production and prices may increase; global cooperation may decrease; but Trump’s previous tariffs had less of an impact on import prices than the COVID pandemic.
Reliance Exercises Four-Well Option on Transocean Rig
Transocean Ltd. says the 270-day program will contribute about $111 million in backlog.
The Latest
Oil Prices Ease as Markets Weigh China Stimulus Hopes
Oil edged lower on Dec. 26 in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China.
Oil Prices Rise in Thin Pre-Holiday Trade
Supply and demand changes in December have been supportive of oil price's current less-bearish view so far, analysts say.
What's Affecting Oil Prices This Week? (Dec. 23, 2024)
For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.
Baker Hughes: US Drillers Keep Oil, NatGas Rigs Unchanged for Second Week
U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row.
Paisie: With Oil Prices, It’s All About the Economy
One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.
Kissler, Wyett: Trump Tariffs and Potential Energy Market Aftershocks
U.S. production and prices may increase; global cooperation may decrease; but Trump’s previous tariffs had less of an impact on import prices than the COVID pandemic.
Reliance Exercises Four-Well Option on Transocean Rig
Transocean Ltd. says the 270-day program will contribute about $111 million in backlog.
Petrobras Awards Seadrill Two Drillship Contracts Off Brazil
Seadrill said the West Jupiter and West Tellus contracts both have a three-year duration and will add nearly $1 billion to the company’s backlog.
Commentary: Maximizing the Opportunity for Energy Dominance
Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?
NuVista Energy Temporarily Curtails Production After Plant Shutdown
NuVista Energy announced revised production guidelines following temporarily curtailing production in the Wapiti area of the Alberta Deep Basin.