Post Tagged with: "volatility"

Centennial Resource Development announces reaffirmation of borrowing base and improvement to liquidity position

Centennial Resource Development announces reaffirmation of borrowing base and improvement to liquidity position

Oil and Gas 360


DENVER, Oct. 13, 2020 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its bank group, led by JPMorgan Chase Bank, N.A., has reaffirmed the Company’s $700 million borrowing …

Source: Reuters

U.S. commodities regulator warns of more volatility, possible negative prices

Reuters


The top U.S. commodities markets regulator warned exchanges and brokerages on Thursday that they should be prepared for volatility and possible negative pricing for certain contracts, nearly one month after U.S. oil futures plunged into negative territory for the …

OPEC keeps curbs - Saudi Arabia Minister of Energy Khalid Al-Falih - Oil & Gas 360

Saudis to Limit Oil Exports in September to Stabilize Market

From The Houston Chronicle


Saudi Arabia plans to keep oil exports below 7 million barrels a day next month as OPEC’s biggest producer allocates less crude than customers demand in a bid to stabilize the market, according to the kingdom’s …

Oil Prices Could Crash by $30 if China Buys Iranian Crude: BofA

Oil Prices Could Crash by $30 if China Buys Iranian Crude: BofA

From CNBC


Crude oil prices could sink by as much as $30 a barrel if China decides to buy Iranian crude oil in retaliation to the latest U.S. tariff measures, according to Bank of America Merrill Lynch.

“While we retain …

Oil Market Volatility will Continue into New Year: Analysts

Oil Market Volatility will Continue into New Year: Analysts

By CNBC

Energy analysts believe oil market volatility will continue until the build-up in U.S. crude stockpiles reverses.

U.S. crude fell to an 18-month low on Monday, only to post its best one-day performance in more than two years on …

December 28, 2018 - 3:01 pm Closing Bell Story‎, Commodity Pricing, Energy News
Did You Hedge Your Bet, or Bet Your Hedge?

Did You Hedge Your Bet, or Bet Your Hedge?

In the oil and gas industry not everyone hedges all the time, but the vast majority of exploration and production companies have an active hedge book aimed at mitigating risk against volatile commodity markets.

Hedging utilizes a futures contract to …

Crude Oil Volatility Decreases

Crude Oil Volatility Decreases

Crude oil price volatility has declined since its peak in March according to a report from the EIA on May 10, 2016.

During the first three months of 2016, crude oil prices were relatively more volatile than in recent history. …

The Oil View: Fasten Your Seatbelts

The Oil View: Fasten Your Seatbelts

Oil Price Volatility May Become Commonplace

Already, another day has dawned bringing more volatility in oil prices. WTI is trading at about $55.25 following an early low of $53.60; and Brent, which had traded as low as $58.55 this morning, …

December 16, 2014 - 11:32 am Commodity Pricing, Oil and Gas 360 Articles