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Thursday, 11 July 2019 03:19

Oil at Six-week High

Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of…
Published in AOG Daily: 2019 / July
Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according…
Published in AOG Daily: 2019 / July
Tuesday, 02 July 2019 04:53

OPEC+ Extends Output Cuts

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday, seeking to…
Published in AOG Daily: 2019 / July
Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing investors' concerns that…
Published in AOG Daily: 2019 / June
Thursday, 13 June 2019 10:57

Oil Prices Jump 2% After Tanker Attacks

Oil prices settled 2.2% higher on Thursday after attacks on two oil tankers in the Gulf of Oman stoked concerns…
Published in AOG Daily: 2019 / June
Norway's wealth fund will have to divest its holdings in ConocoPhillips and Hess after both U.S. oil companies were added…
Published in AOG Daily: 2019 / June
Monday, 10 June 2019 03:52

Oil Rises on Likely OPEC+ Supply Cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies,…
Published in AOG Daily: 2019 / June
Lower oil prices are starting to rebalance the oil market by slowing the rise in U.S. crude output and encouraging…
Published in AOG Daily: 2019 / June
Only four, out of the financial performance of 40 dedicated US shale oil firms under study, reported a positive cash…
Published in AOG Daily: 2019 / May
Monday, 13 May 2019 20:17

Oil Price Risks Rise

Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward,…
Published in AOG Daily: 2019 / May
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