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Chevron expects 110,000 boepd hit to third-quarter production

Chevron Corp expects upstream turnarounds and downtime to reduce production by about 110,000 barrels of oil equivalent per day (boepd) in the third qu...

July 28, 2023, 6:29 am

Icymi - saudi arabia is expected to extend oil supply cuts into september

While factors boosting demand for oil improved overnight and on Wednesday:strong economic data from the US, in gross domestic product and pending home...

July 28, 2023, 12:41 am

Wti crude rises above $80 with eyes on saudi arabia's voluntary production cut

Oil continues to benefit from swelling economic optimism and has made a quick move from $68 to $80.Earlier today it first rose above $80 before fallin...

July 27, 2023, 3:51 pm

Portfolio manager says opec+ oil alliance could break — with crude falling to $35 a barrel

Per Lekander, managing partner at the Clean Energy Transition, discusses the outlook for OPEC and its partners and says the collapse of the energy all...

July 27, 2023, 9:40 am

Arrow exploration latest results confirm cn field as “material discovery”

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors that the Carrizales Norte 2 (CN-2) well, at the Tapir Block project in Colombia...

July 27, 2023, 4:21 am

Oil prices of around $80 per barrel are 'fantastic' for us, says karoon ceo

Julian Fowles, CEO of the oil and gas exploration and production company, says he expects demand will be "pretty strong" over the next few years....

July 27, 2023, 12:42 am

Revolutionizing breast cancer detection: breast tissue markers market size to us$ 6.5 billion by 2033, persistence market research

Breast Tissue Markers Market Segmented By Coil, Butterfly, Wing, Ribbon, Barrel, Bowtie, Triple Twist, U-shape, Barbell Tribell, Anchor Product with M...

July 26, 2023, 2:08 pm

Private oil survey data shows headline crude build vs. the draw that was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).more to come--Expectations I had seen centred on:H...

July 25, 2023, 8:33 pm

Brent crude – oil testing the 200dma for the first time since last summer

Can Brent break the 200-day SMA? There have been a number of factors that have contributed to the gains recently, starting with the Saudi extension to...

July 24, 2023, 4:11 pm

Oil price expected to climb on ‘all-time high' demand: goldman sachs

Investment bank Goldman Sachs (NYSE:GS) forecasts the Brent crude price to increase from just above $80 per ba...

July 24, 2023, 2:32 pm

Crude oil market relies on demand

As the new week in July kicks off, the commodities market is in high spirits. The price of Brent crude oil has surged to 81.00 USD per barrel. The oil...

July 24, 2023, 2:05 pm

The crude oil market relies on demand

By RoboForex Analytical Department As the new week in July kicks off, the commodities market is in high spirits. The price of Brent crude oil has surg...

July 24, 2023, 1:49 pm

Goldman sachs says it expects brent to rise to $86 per barrel by year-end

Daan Struyven, head of oil research at Goldman Sachs, says the investment bank forecasts Brent will rise from just above $80 right now to $86 per ...

July 23, 2023, 11:36 pm

Oil rally takes a breather ahead of fed, ecb rate hikes

Oil prices eased on Monday as traders await more rate hike cues from U.S. and European central banks, with tightening supply and hopes for Chinese sti...

July 23, 2023, 9:06 pm

Coterra energy: crude oil breakout could soon fuel a 60%+ rally

Crude oil prices have broken higher after three months of consolidation, a potentially bullish indicator supported by improved fundamentals. Oil-produ...

July 23, 2023, 3:32 am

Oil markets are still volatile, u.s. energy chief says, calling for further supplies

U.S. Energy Secretary Jennifer Granholm said she expects oil demand in the U.S. to increase to 12.5 million barrels per day this year....

July 22, 2023, 7:42 am

Recovery in dollar may strain commodities; central banks in focus next week

On the technical front, NYMEX Crude is trading close to a falling trend line resistance near $77.50 per barrel. Sustained closing above $77.50 per bar...

July 22, 2023, 2:59 am

Jp morgan bullish gold and silver (cite fed hike cycle ending), short term bull brent oil

A couple of snippets from JP Morgan forecasts. The backdrop to the precious metals views at JPM is the approaching likely end of the Federal Open Mark...

July 20, 2023, 9:25 pm

Berry corporation turns to acquisitions to offset permitting challenges

Berry made a $70 million acquisition of Macpherson Energy.`. This gives it another 2,400 BOEPD (100% oil) in production at a 2.7x multiple to adjusted...

July 18, 2023, 11:36 pm

Citi's global head of commodity research sees oil in a $70 - $90 range (floor - ceiling)

Bloomberg (gated) reporting on an interview it had with Ed Morse, global head of commodity research at Citigroup:Oil is unlikely to fall below $70 a b...

July 18, 2023, 11:23 pm


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