Oil prices rose alongside the US dollar on Monday and their highest levels since November 2014 mostly due to a steady decline in Venezuelan crude production and investors’ concerns over the reintroduction of US sanctions [Read more]
Oil prices were up just under 2 per cent on Friday on tight global crude supplies and as the market waits for clarification on the Trump administration’s stance on the Iran nuclear deal. Statoil photo [Read more]
Oil prices were steady on Thursday as the OPEC supply cuts along with possible US sanctions against Iran offset a drop in US stock indexes of over one per cent. Repsol photo. Fear of collapse [Read more]
Oil prices were mixed on Wednesday following data showing a significant increase in US crude stocks, however, analysts say the build up was concentrated on the West Coast. “Sometimes the West Coast numbers are erratic [Read more]
Oil prices fell on Tuesday as the US dollar gained ground, however, losses were limited as investors’ concerns over US President Trump’s threat to pull out of the Iran sanction relief deal underpinned the market. [Read more]
Oil prices steadied on trading in Monday after slipping early in the session on reports that US drillers added 5 oil rigs last week. BP photo. Brent oil prices up over 1 per cent Monday [Read more]
Crude oil production in Permian Basin providing a much-needed uplift for midstream companies East Daley Capital Advisors, Inc., an energy information and insights provider, reports that the overall outlook is positive for most major U.S. oil [Read more]
Oil prices were mixed on Friday. Brent is on track for its third week of gains as investors consider possible consequences of the reimposition of sanctions on Iran by the Trump administration. BP photo. Oil [Read more]
Oil prices were mixed on Thursday as investors considered rising US crude output against the possibility of US sanctions on Iran, tanking Venezuelan output and strong demand. Encana photo. Recent oil prices rally “overdone”: Some [Read more]
US energy shares lost ground and underperformed in 2017, but in 2018 as oil prices continue to climb, investors are putting their money back into energy stocks. ConocoPhillips photo. US energy shares rise alongside oil [Read more]
Oil prices remained steady on Wednesday, despite data from the US Energy Information Administration showing an increase in US crude inventories by 2.2 million barrels. Oil prices initially fell following release of EIA data On [Read more]
Commitment includes clean-tech and renewable energy financing, sustainable bonds, other low-carbon solutions Morgan Stanley announced a new commitment to provide $250 billion dollars in low-carbon financing by 2030, according to a press release. Contributing to [Read more]
Oil prices hit their highest level since November 2014 Tuesday on strong global demand, OPEC’s supply cut agreement and the possibility that US sanctions could be imposed on Iran. Anadarko photo. Oil prices could rise [Read more]
Despite a $312 million writedown on Halliburton Co assets in Venezuela, the company reported a 34 per cent jump in first quarter revenue, mostly due to strong North American demand. Reuters photo by Richard Carson. [Read more]
Oil prices were mixed on Monday after Iran’s oil minister, Bijan Zangeneh (pictured), said the OPEC supply cut agreement does not need to be extended if high oil prices continued. AP file photo by Vahid Salemi. [Read more]
US oil prices hit $69.56 during trading on Friday, the highest since Nov. 28, 2014. Benchmark Brent touched $74.74/barrel, its highest since Nov. 27, 2014. Anadarko photo. Oil prices rise as global crude glut shrinks [Read more]
Oil prices rose on Wednesday after Saudi Arabia reportedly said it would like to see oil hit $100/barrel and data from the US Energy Information Administration showed US crude stocks fell last week. Repsol photo. [Read more]
On Tuesday, oil prices remained steady as investors took profit after last week’s gains. Prices were supported by possible US sanctions could restrict Iranian oil exports and falling production in embattled Venezuela. Pioneer Natural Resources [Read more]
Vermilion Energy operates in eight countries with majority of production in Canada Vermilion Energy Inc. announced that it has entered into an arrangement agreement to acquire Spartan Energy Corp., a publicly traded southeast Saskatchewan oil and gas [Read more]
Oil prices recovered some losses on Monday after weekend air strikes in Syria calmed investors’ concerns over escalating Middle Eastern tensions. AP photo by Hassan Ammar. Oil prices down over 1 per cent Oil prices [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
Get the eBook, The New Alberta Advantage: Technology, Policy, and the Future of the Oil Sands, written by our founder and publisher, Markham Hislop, for FREE.
Sign up now and get exclusive access to your FREE download in the next newsletter and receive Energi Media Weekly Update straight to your inbox too!
