(Oil & Gas 360) By Greg Barnett, MBA – (Part 6 of 6)- Energy debates often assume an external villain. Geology failed. Policy interfered. OPEC conspired. Capital fled. Technology disappointed. Pick a narrative and assign blame. Most of them are convenient. A few of them are complete. The uncomfortable truth is simpler. The system we have today is the one we
(By Oil & Gas 360) – Oil prices have climbed as infrastructure attacks and rising tensions involving Iran renew concern over the security of supply routes near the Strait of Hormuz. The waterway remains one of the world’s most important energy corridors, and even the threat of disruption is enough to lift prices. For investors, the key question is not whether
CNBC Oil prices were steady in early Asian trading on Tuesday as investors awaited inflation data to assess future U.S. monetary policy and the production policy decisions from the OPEC+ meeting on June 2. The Brent crude July contract dropped 3 cents to $83.07 a barrel by 0038 GMT. The more-active August contract slipped 4 cents to $82.85. U.S. West Texas Intermediate (WTI) crude futures
Oil and Gas 360 Register now for the 29th annual EnerCom Denver – The Energy Investment Conference featuring a diverse group of public and private energy companies at www.enercomdenver.com Mike Wirth, Chairman and Chief Executive Officer of Chevron, will participate in a Fireside Chat as the lunch keynote speaker on Tuesday, August 20, 2024, at EnerCom Denver—The Energy Investment Conference.
Oil and Gas 360 Registration is open for EnerCom Denver- The Energy Investment Conference. Institutional investors, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for the conference, which will take place August 18–21, 2024, at the Westin Denver Downtown. For the past 29 years, EnerCom Denver has been the
Yahoo Finance NEW YORK – Oil prices rose by more than $1 a barrel on Thursday, after falling for two consecutive sessions, as investors anticipated tighter supplies given the OPEC+ producer alliance is widely expected to stay the course on its current production cuts. Brent crude futures for May were up $1.21, or 1.4%, at $87.30 a barrel, while the
CNBC While the stock market has boomed, energy stocks have not. Indeed, they have been the worst-performing sector over the last decade. Moreover, energy has dropped from 15% in 1990 to only 5% of the S&P 500 sector weightings in 2019. This is particularly ironic, since U.S. oil and gas production has boomed over the same period, making the United
EnerCom Analytics’ September Industry Trends Report Examines Oil Prices The current price of oil may feel low given the fading memories of $100 per barrel oil back in 2014. But in a longer term historical context, we are on the high end of the curve at today’s prices. EnerCom Analytics looked at historical monthly crude oil prices between 1974 and August 2016.
