oil prices


Friday, January 28, 2022
semisubmersible drilling rig at sea
Offshore

Scorching Rally: Oil Set for Sixth Straight Weekly Gain

By Julia Fanzeres (Bloomberg) — Oil is headed for a sixth straight weekly gain, with prices trading near a seven-year high as crude makes a roaring

January 28, 2022
Total Views: 1010

Thursday, December 30, 2021
offshore oil rig
Offshore

Oil Steadies After Longest Run in 10 Months

By Alex Longley (Bloomberg) — Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply

December 30, 2021
Total Views: 504

Thursday, December 23, 2021
offshore rig north sea
Offshore

Global Oil’s Comeback Year Presages More Strength in 2022

By Stephanie Kelly, Bozorgmehr Sharafedin and Koustav Samanta NEW YORK, Dec 23 (Reuters) – Global oil demand roared back in 2021 as the world began to

December 23, 2021
Total Views: 563

Friday, October 8, 2021
oil tanker
Offshore

US Crude Oil Tops $80 for First Time Since 2014 as Energy Crisis Threatens Supplies

By Julia Fanzeres (Bloomberg) — U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at

October 8, 2021
Total Views: 1259

Monday, September 27, 2021
tanker at sea
Offshore

Brent Rises to Highest Since 2018 on Global Energy Crunch

By Alex Longley and Sheela Tobben (Bloomberg) — Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy

September 27, 2021
Total Views: 1368

Monday, August 30, 2021
Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida
Finance

Oil Edges Up as U.S. Gulf Producers Assess Damage After Ida

By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors

August 30, 2021
Total Views: 887

Hurricane Ida Pummeled U.S. Gulf Coast Energy Suppliers
News

Hurricane Ida Pummeled U.S. Gulf Coast Energy Suppliers

By Liz Hampton and Erwin Seba HOUSTON, Aug 30 (Reuters) – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the

August 30, 2021
Total Views: 1795

Saturday, August 28, 2021
Hurricane Ida Water Vapor Photo
Marine Weather

Workers flee 90 Offshore Facilities As Extremely Dangerous Hurricane IDA Churns Toward Oilfields

(Reuters)-U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17%

August 28, 2021
Total Views: 1186

Tuesday, August 17, 2021
oil storage tanks
Offshore

Oil Posts Longest Run of Losses Since March as Recovery Falters

By Ari Hawkins (Bloomberg) –Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic data

August 17, 2021
Total Views: 1501

Tuesday, June 22, 2021
Oil tanker in Ningbo Zhoushan port
Offshore

Big Oil CEOs Predict Return of $100 Crude

By Kevin Crowley and Francois de Beaupuy (Bloomberg) — The bosses of some of the world’s biggest oil companies said crude prices are likely to keep

June 22, 2021
Total Views: 3904

Tuesday, April 20, 2021
vlcc tanker u-turn
Offshore

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below

April 20, 2021
Total Views: 1554

Thursday, March 25, 2021
Stock photo shows an oil tanker at a terminal
Incidents

Tanker Owners Rejoice Then Oil Retreats After Suez Grounding Price Surge

By Sharon Cho (Bloomberg) Oil retreated as traders monitored efforts to dislodge a massive ship blocking the Suez Canal, after two wild days that saw prices

March 25, 2021
Total Views: 4597

Sunday, March 14, 2021
Offshore oil and gas platform
Offshore

How a Hasty Move to Change the World’s Key Oil Price Unraveled

By Alex Longley (Bloomberg) — How do you measure the value of the world’s most important commodity? It’s a conundrum that brought uproar in the oil

March 14, 2021
Total Views: 5416

Thursday, February 25, 2021
Offshore oil and gas platform
Offshore

Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps

By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading

February 25, 2021
Total Views: 821

Wednesday, February 24, 2021
Oil Hits One-Year High With Market Eyeing Tight Global Supplies
Offshore

Oil Hits One-Year High With Market Eyeing Tight Global Supplies

By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global

February 24, 2021
Total Views: 1252

Monday, February 15, 2021
Oil Rallies Past $60 as Winter Blast Hits Texas
Offshore

Oil Rallies Past $60 as Winter Blast Hits Texas

By Sharon Cho and Alex Longley (Bloomberg) — Oil rallied to a 13-month high as freezing weather in Texas disrupted flows from America’s largest shale

February 15, 2021
Total Views: 1454

Friday, January 22, 2021
offshore rig
Offshore

Goldman Sachs Says Biden’s First Steps Are Bullish for Oil

By Andres Guerra Luz and Saket Sundria (Bloomberg) — Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market

January 22, 2021
Total Views: 3123

Friday, January 8, 2021
vlcc tanker u-turn
Shipping

Oil Has Best Week in Four Months With Saudi Cut Buoying Prices

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

January 8, 2021
Total Views: 885

Tuesday, January 5, 2021
Stock photo shows an oil tanker at a terminal
Offshore

Oil Tops $50 for First Time Since February

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million

January 5, 2021
Total Views: 1242

Tuesday, November 3, 2020
Oil tanker on the horizon at sunset
Shipping News

OPEC Boosts Output Despite COVID Sending Oil Crashing

By Grant Smith and Julian Lee (Bloomberg) OPEC’s effort to shore up world oil markets during the pandemic is facing a new threat — from the group’s

November 3, 2020
Total Views: 88