optimism

Namibia’s Orange basin offers optimism despite declining high impact exploration drilling, report finds

June 7, 2024

World Oil (WO) – The latest analysis from Westwood Global Energy Group reveals that despite favourable oil prices in 2022, high impact exploration drilling in 2023 declined by 21%, due to energy transition strategies, industry consolidation, rising well costs and reduced activity in former hotspots. Further 2023 analysis reveals that the commercial success rate is down seven percentage points on

Oil prices firm on China demand optimism

January 26, 2023

BOE Report Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens its economy and on news U.S. crude inventories have risen less than expected. U.S. West Texas Intermediate (WTI) crude futures were up $1.65, or 2.05%, at $82.06. Brent crude futures rose $1.70, or 1.97%, to $87.94 a barrel. “China’s reopening

Oil prices extend gains on optimism over China’s recovery

January 18, 2023

BOE Report Oil prices rose on Wednesday, extending the previous session’s gains, driven by optimism that the lifting of China’s strict COVID-19 curbs will lead to a recovery in fuel demand in the world’s top oil importer. U.S. West Texas Intermediate (WTI) crude futures rose 90 cents, or 1.11%, to $81.92, having risen 0.4% on Tuesday. Brent crude futures firmed

Oil dips, but hovers near 2023 highs on China demand optimism

January 16, 2023

Nasdaq SINGAPORE – Oil prices dipped in early Asian trade on Monday, but held close to the highest levels since the start of the year on optimism that China’s reopening will lift fuel demand at the world’s top crude importer. Brent crude LCOc1 fell 36 cents, or 0.4%, to $84.92 a barrel by 0116 GMT while U.S. West Texas Intermediate crude CLc1 was at

U.S. Manufacturers Report Optimism Heading into 2019, but Tariff-Induced Costs, Fed Rate Hikes, Trade Tensions, and Dem Pledge to Roll Back Tax Cuts in New Congress Weigh on Optimism

December 28, 2018

From the Washington Times American manufacturers think the future looks bright. The GOP-led tax cuts and President Trump’s deregulation efforts are driving record-high optimism in the industry heading into 2019, findings that come amid significant volatility on Wall Street as investors brace for a potential slowdown in the U.S. economy next year. Nearly 89 percent of the 539 companies polled

Namibia’s Orange basin offers optimism despite declining high impact exploration drilling, report finds

Oil prices firm on China demand optimism

Oil prices extend gains on optimism over China’s recovery

Oil dips, but hovers near 2023 highs on China demand optimism

U.S. Manufacturers Report Optimism Heading into 2019, but Tariff-Induced Costs, Fed Rate Hikes, Trade Tensions, and Dem Pledge to Roll Back Tax Cuts in New Congress Weigh on Optimism

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