Post Tagged with: "price of oil"

WTI Oil Price Bounces off of $50.10 Monday: Unfazed BP Middle East Chief says $50 is ‘Within Range’

WTI Oil Price Bounces off of $50.10 Monday: Unfazed BP Middle East Chief says $50 is ‘Within Range’

From CNBC

British energy giant BP plans its investments on the back of a $50 to $70 a barrel range to adequately prepare for oil market swings, its Middle East chief told CNBC.

Crude prices have been on a rollercoaster …

November 26, 2018 - 1:04 pm Closing Bell Story‎, Commodity Pricing, Energy News
Canadian Crude’s Discount to WTI Hits $40

Canadian Crude’s Discount to WTI Hits $40

Western Canadian Select’s discount widens to $40.75 a barrel

From Bloomberg

Canadian heavy crude’s discount to West Texas Intermediate futures increased to the widest in almost five years, raising the specter of local oil producers curtailing operations.

Western Canadian Select’s …

Lack of Pipelines Will Cost Canadian Energy Sector $15.8 Billion in 2018: Fraser

Lack of Pipelines Will Cost Canadian Energy Sector $15.8 Billion in 2018: Fraser

Inadequate pipeline capacity to U.S. and no pipelines to move oil to tidewater ports forces Canadian oil to sell at a big discount

Canada’s shortage of pipeline capacity is continuing to drive down the price of Canadian oil and it’s …

Saudi Arabia’s Balancing Act with the Price of Oil

Saudi Arabia’s Balancing Act with the Price of Oil

At much over $75 a barrel, growth slows and conservation kicks in

From the Financial Times

For Saudi Arabia, the rebound in the oil price over the past year has been a strategic triumph. Its diplomacy, including an entente with …

The New Normal:  U.S. Oil Company Executives Determine Global Supply

The New Normal: U.S. Oil Company Executives Determine Global Supply

With OPEC out, is this what the new normal looks like for the oil and gas industry?

Wednesday’s 1.1 million-barrel build in U.S. crude oil inventories drove West Texas Intermediate crude prices down by roughly a buck.  A couple days …

Saudi Arabia Cuts Asian Oil Prices to Counter Rivals Russia, Iraq and Iran

From the Wall Street Journal

Under pressure from Russian, Iraqi and Iranian oil exports, Saudi Arabia discounted its crude last weekend to maintain its share of big Asian markets.

The price cut, which applies to September purchases, comes after two …

August 5, 2016 - 9:33 am Closing Bell Story‎, Energy News
Source: EnerCom's Monthly Report

Energy Experts Discuss 2015

Synergy Resources, Earthstone Energy, Fortis Energy Services, Samson Oil & Gas, Wunderlich Securities—Exclusive Video Interviews

EnerCom, Inc. today posted new executive video interviews with the following companies: