LONDON (Reuters) – Nothing survives the winds of change now through BP, not even the exploration team that drove its profits by discovering billions of barrels of oil for over a century. …
Read More »Exxon’s Permian Valuation as Big Oil Watches SEC in Fear
By Zero Hedge – January 15, 2021, 10:00 AM CST Rising in recent days, the 21% YTD is rising on the back of the gamma squeeze in discussion yesterday, and coupled with …
Read More »Exxon’s Permian Valuation as Big Oil Watches SEC in Fear
By Zero Hedge – January 15, 2021, 10:00 AM CST Rising in recent times, the 21% YTD is rising on the back of Gamma Squeeze in the discussion yesterday, and coupled with …
Read More »US watchdog: big US banks can’t afford any long money for oil and gas
Before the end of the current administration, a US banking industry regulator finalized a rule under which large US banks cannot refuse loans to oil and gas companies. The Office of the …
Read More »Oil increases on crude draw despite product manufacture
By Irina Slavin – January 13, 2021, 9:40 AM CST Crude oil prices rose further today after the Energy Information Administration reported on January 8 that it had prepared a list of …
Read More »3 stocks to buy as oil prices rise by more than $ 50
As oil prices continue to maintain the latest trajectory above the psychologically significant $ 50 / barrel level, investors are increasingly recalibrating their investment prisms for beaten-down oil and gas companies. WTI …
Read More »3 stocks to buy as oil prices rise by more than $ 50
As oil prices continue to maintain the latest trajectory above the psychologically significant $ 50 / barrel level, investors are increasingly recalibrating their investment prisms for beaten-down oil and gas companies. WTI …
Read More »Oil prices rise on large crude draw
The American Petroleum Institute (API) decreased crude oil inventories by 5.821 million barrels for the week ended January 8. Analysts had predicted an inventory draw of 2.266 million barrels for the week. …
Read More »Oil falls on fresh lockdown, strong dollar
LONDON (Reuters) – Brent crude oil prices fell as high as $ 1 a barrel on Monday, expressing renewed concern about global fuel demand amid a tough coronavirus lockdown, as well as …
Read More »Oil prices fall to fresh concerns over coronovirus concerns as China climbs
SINGAPORE (Reuters) – Brent crude oil prices fell to $ 1 a barrel on Monday, due to new concerns about global fuel demand amid a tough coronavirus lockdown in Europe and new …
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