Post Tagged with: "on track"

Source: CNBC

Oil on track for fifth week of gains

CNBC


Oil prices were steady on Friday, but on track for a fifth straight week of gains with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing …

Source: Reuters

Oil prices on track for a fourth consecutive weekly gain

Oil Price


Crude oil prices are about to record their fourth consecutive week of gains after OPEC said in its monthly report that supply is about to tighten further.

 

The latest Monthly Oil Market Report showed OPEC’s combined daily …

Source: Reuters

U.S. natural gas on track for 8th week of losses on record output

BOE Report


U.S. natural gas futures slid about 2% on Friday as record output and reduced liquefied natural gas (LNG) exports allowed utilities to inject much bigger than normal amounts of gas into storage for the winter over the past …

Source: World Oil

U.S. shale on track for $200 billion year, could erase its debt by 2024

World Oil


(Bloomberg) — U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP.

High …

Source: Reuters

Oil prices on track for biggest weekly gain since August

Reuters


LONDON  -Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant’s impact on global economic growth and fuel demand.

The Brent and WTI benchmarks …