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Sunday OPEC+ Meeting Should be Uneventful  | Rigzone
by  Andreas Exarheas | Rigzone Staff | Friday, May 17, 2019 The OPEC+ joint ministerial monitoring committee meeting on Sunday should be uneventful, at least according to Jefferies. The OPEC+ joint ministerial monitoring committee (JMMC) meeting on Sunday should be uneventful, at least according to Jason Gammel, an equity analyst at Jefferies. “OPEC Secretary General
Crude Oil Up for the Week  | Rigzone
by  Matthew V. Veazey | Rigzone Staff | Friday, May 17, 2019 Both the WTI and Brent contracts declined Friday but remain positive week-on-week. West Texas Intermediate (WTI) crude oil for June delivery lost 11 cents Friday, settling at $62.76 per barrel. The WTI peaked at $63.64 and bottomed out at $62.52 during late-week trading.
Oil Set for Largest Weekly Gain Since Early April  | Rigzone
by  Bloomberg | Sharon Cho | Friday, May 17, 2019 Oil headed for its biggest weekly gain since early April as flaring tension in the Middle East took precedence over an escalating trade war between the world’s two biggest economies. (Bloomberg) — Oil headed for its biggest weekly gain since early April as flaring tension
Trudeau's Rival Pledges Energy Independence by 2030  | Rigzone
by  Bloomberg | Theophilos Argitis | Thursday, May 16, 2019 Canada’s opposition Conservatives will seek to make the country oil independent within 10 years if they win power. (Bloomberg) — Canada’s opposition Conservatives, leading in the polls ahead of October elections, will seek to make the country oil independent within 10 years if they win
American Oil Finds New Markets  | Rigzone
by  Bloomberg | Sheela Tobben | Thursday, May 16, 2019 U.S. crude is reaching new destinations around the world after Chinese buying slowed. (Bloomberg) — U.S. crude is reaching new destinations around the world after Chinese buying slowed amid concern that the growing trade dispute between the countries could result in a tax on American
Oil Prices Finish Higher  | Rigzone

Oil Prices Finish Higher  | Rigzone

by  Matthew V. Veazey | Rigzone Staff | Thursday, May 16, 2019 The two major oil benchmarks moved in the same direction and by the same amount Thursday. West Texas Intermediate (WTI) and Brent crude oil prices moved in the same direction and by the same amount Thursday. The June WTI contract price added 85
OPEC+ Grapples with Iran Crisis  | Rigzone
by  Bloomberg | Grant Smith | Thursday, May 16, 2019 When OPEC and its allies gather in the Saudi Arabian city of Jeddah this weekend their conversation will be dominated by Iran. (Bloomberg) — When OPEC and its allies gather in the Saudi Arabian city of Jeddah this weekend, their conversation will be dominated by
Oil Climbs  | Rigzone

Oil Climbs  | Rigzone

by  Bloomberg | Sharon Cho | Thursday, May 16, 2019 Oil climbed for a third day in the longest run of gains in three weeks. (Bloomberg) — Oil climbed for a third day in the longest run of gains in three weeks as falling U.S. gasoline stockpiles supported the demand outlook and simmering tensions in
Oil Prices Rise Again  | Rigzone

Oil Prices Rise Again  | Rigzone

by  Matthew V. Veazey | Rigzone Staff | Wednesday, May 15, 2019 WTI and Brent futures climbed for the second straight trading day. West Texas Intermediate (WTI) and Brent crude oil futures finished higher for the second consecutive trading day during the midweek session. The WTI for June delivery added 24 cents Wednesday, settling at
Canadian Oil Prices Weaken  | Rigzone
by  Bloomberg | Robert Tuttle | Wednesday, May 15, 2019 Canadian crude prices fell Tuesday as storage tanks topped out amid refinery maintenance in the U.S. Midwest. (Bloomberg) — Canadian crude prices fell Tuesday as storage tanks topped out amid refinery maintenance in the U.S. Midwest. Heavy Western Canadian Select, an oil sands benchmark, fell
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