Crude Oil Price Outlook – Crude Oil Continues to Look for Upward Pressures
The crude oil market was somewhat quiet on Thursday, as the Americans will not have been involved. With this, the market is likely to continue to see a lot of noise, especially with the Friday session featuring the Non-Farm Payroll announcement in the United States.
Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...
Texas saw mass crude oil production this past year, with new records being set in the last six of the past 12 months. In ...
Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the ...
The number of oil rigs in the US fell by two during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil moved down to 480 rigs from 482 ...
Crude oil futures rose about $2 around midday Friday as the possibility of more U.S. sanctions against Russian petroleum products triggered global supply worries. Diesel contracts also jumped as below ...
Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oil futures on Friday climbed to their highest levels since early October and natural-gas futures jumped more than 5% as forecasts for a major winter storm tar ...
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...
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