Oil prices fall slightly on job report and Hurricane Ida aftermath
Oil prices fell slightly this Friday, as a jobs report indicated a slower than expected economic recovery amid a persistent pandemic. Also, Hurricane Ida aftermath...
Tag : oil prices
Chevron to sell Eagle Ford basin assets for billions: Reuters
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Chevron Corporation is looking to sell its oil and gas assets in the Eagle Ford basin in South Texas. Sources familiar with the matter confirmed...
Oil prices rise on stronger demand; OPEC to maintain phasing out policy
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Oil prices rose this Thursday as economic recovery hopes are getting stronger, despite the rapid spread of the coronavirus disease and its new string, Delta....
Oil slips slightly lower as OPEC+ gets ready for Wednesday meeting
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Oil prices slipped slightly lower this Tuesday, as the Organization of Petroleum Exporting Countries geared up for their next meeting set up for this Wednesday...
As Hurricane Ida weakens, gasoline rises and oil loses momentum
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Hurricane Ida came ashore this Sunday, losing destruction power and becoming a category 1 hurricane. In advance of the storm, nearly all of the oil...
Mexico forecasts $60pb for oil exports on 2022; struggle to keep production
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Mexico expects an average price of $60 per barrel for its oil exports for 2022, and an average production of 1,9 million barrels per day;...
Hurricane fears pushes oil above $70 per barrel
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Hurricane fears is pushing oil prices well above $70 per barrel; many companies began shutting down production in the Gulf of Mexico, as a storm...
Mexican oil rig outage and vaccine approval boosts oil 3% further
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The Mexican oil rig outage, as well as the approval from the U.S. Food and Drug Administration of the Pfizer vaccine against the coronavirus has...
Oil recovers 3% after seven weeks straight losses
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Oil prices recovered 3% this Monday, their first gain after seven weeks straight of losses, as the Covid-19 new string, Delta, is hitting demand; also,...
Oil adds seventh week straight loss, Delta its main threat
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Oil prices were down this Friday, accumulating its seventh week straight loss; also, nearing a three-month low record and adding a weekly loss of 7%,...