What's Affecting Oil Prices This Week? (Dec. 16, 2024)
For the upcoming week, Stratas Advisors expect oil prices will move sideways with more downside risk than upside potential.
China's CNOOC Sells US Assets to Britain's INEOS
The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a subsidiary of INEOS relating to CNOOC's upstream oil and gas assets in the U.S. part of the Gulf of Mexico.
LNG, Crude Markets and Tariffs Muddy Analysts’ 2025 Outlooks
Energy demand is forecast to grow as data centers gobble up more electricity and LNG liquefaction capacity comes online in North America, but gasoline demand may peak by 2025, analysts say.
Paisie: Trump’s Impact on All Things Energy
President-elect Donald Trump’s policies are expected to benefit the U.S. oil and gas sector, but also bring economic and geopolitical risks.
Oil Set for Weekly Loss on Surplus Fears After OPEC+ Cut Extensions
The Organization of the Petroleum Exporting Countries and its allies on Dec. 5 pushed back the start of oil output rises by three months until April.
What's Affecting Oil Prices This Week? (Nov. 25, 2024)
For the upcoming week, a key resistance level for the price of Brent crude is $76. If the price of Brent crude can break above this level, Stratas Advisors could see Brent crude moving toward $80.
Darbonne: What are We Supposed to do Without Hydrocarbons?
Oil and Gas Investor asked individuals who understand fossil fuels if any “end oil” agitator has ever explained what the world would do without hydrocarbons. No, they haven’t gotten an answer either.
Oil Steadies as Sverdrup Field Restart Counters Geopolitical Concerns
Brent crude futures fell 0.1% and WTI crude futures gained 0.1%.
What's Affecting Oil Prices This Week? (Nov. 18, 2024)
For the upcoming week, the price of Brent crude could test its support at $70 and if the price breaks below this level, the price of Brent could fall to $66.
What's Affecting Oil Prices This Week? (Nov. 11, 2024)
The return of Donald Trump to the U.S. presidency could have both positive and negative impacts on the oil market.