Oil Supply Concerns Trump Sagging Demand
Supply concerns dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
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Tag Archive | "wti"
2012 Oil Market Outlook
Monday, January 9, 2012
Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.
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Oil Market Trends 2011
Tuesday, December 20, 2011
WTI-Brent crude price spread the story of 2011 for oil.
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Oil Market Q4 Outlook
Monday, September 12, 2011
Analysts see Brent prices easing and WTI ending the year where it began, but do not rule out more volatility over Q4.
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2011 Oil Market Trends
Monday, August 29, 2011
Spread between WTI and Brent crude the emerging oil story of 2011.
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Oil Price Trends
Thursday, December 30, 2010
Oil prices have risen steadily this quarter. Benchmark crude hit a 26-month high on Monday near $92 per barrel and is forecast by some analysts to be headed to $100, driven by quantitative easing in the United States and as data supporting robust growth in India and China drive demand. Analysts believe OPEC's evident reluctance to increase output and the prospect of continued dollar weakness add to the case for costlier oil in 2011.
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China and Shell to Explore Canadian Oil Sands
Thursday, November 11, 2010
As China demonstrates its political clout at the G20 summit in Seoul, the country continues to make headlines in economic and energy news as the China National Petroleum Company (CNPC) has made an agreement with Shell to develop oil sands. CNPC, the parent of PetroChina, reported that its president, Jiang Jiemin and Royal Dutch Shell Plc (NYSE:RDS.B)CEO Peter Voser signed a memorandum of agreement in Beijing on "integrated co-operation" of oil and gas projects in Canada and coal bed methane development in China.
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Galleon Energy Inc. Reports Third Quarter 2010 Financial Results
Thursday, November 11, 2010
Galleon Energy Inc. (TSX:GO) announces third quarter 2010 financial results and 2011 guidance.
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Oil Spill to Static Kill: The Saga Continues in the Gulf of Mexico
Thursday, August 5, 2010
British Petroleum (NYSE:BP) has won approval from the U.S. government for the latest step to start pumping cement into its damaged Gulf of Mexico oil well and the company is currently in a disagreement over a regulatory filing that could indemnify or limit the liability of a company’s contract from penalties and liabilities other than for contamination resulting from operations controlled by the rig owner on or above the surface of the water.
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Dollar Slides, Crude Jumps
Wednesday, May 13, 2009
Oil rose for a second day on Wednesday, after an industry group reported U.S. crude stockpiles dropped for the second week in a row and the dollar declined. Oil has climbed 34 percent this year, tracking global equity markets on optimism that an economic recovery will spur demand for fuel. Additional support for crude prices came from the dollar, which fell to the lowest level against the euro since March, bolstering demand for commodities as a hedge against inflation.
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
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Monday, January 23, 2012