Could the era of cheap oil supply be gone for good? Oil prices futures are now being seen! That’s the conclusion of some of the biggest commodities desks on Wall Street. Banks have been lifting their long-term price forecasts, often by $10 or more. The U.S. shale boom brought about a “lower-for-longer” mantra. Now, the […]
https://www.rangerminerals.com/wp-content/uploads/2021/10/620x-1.jpg348620Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2021-10-28 14:40:182023-09-28 12:47:32Wall Street Hails a New Era of Oil Prices: Higher for Longer
Oil prices up to date rose on Monday, extending pre-weekend gains, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps. Brent crude futures settled 0.54% higher at $85.99 per barrel, following on from last Friday’s 1.1% gain. The contract was near […]
https://www.rangerminerals.com/wp-content/uploads/2021/10/106882421-1620900164652-gettyimages-1256344398-dsc01389.jpeg354630Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2021-10-26 19:14:352023-09-28 12:47:35Oil Prices on the March Again in Tight Market; U.S. Crude at 7-yr high
West Virginia increased natural gas and oil production 14% and 10%, respectively. This is from 2019-2020, according to a new report from The Gas and Oil Association of West Virginia. Producers operating in the state have contributed $3 billion in state severance and property tax revenue. This is from a 2008 report. “The natural gas […]
https://www.rangerminerals.com/wp-content/uploads/2021/10/5e87bb5808cfa.image_.jpg250200Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2021-10-25 15:41:342023-09-28 12:47:39New report highlights importance of oil and gas to West Virginia economy
Wall Street Hails a New Era of Oil Prices: Higher for Longer
IndustryCould the era of cheap oil supply be gone for good? Oil prices futures are now being seen! That’s the conclusion of some of the biggest commodities desks on Wall Street. Banks have been lifting their long-term price forecasts, often by $10 or more. The U.S. shale boom brought about a “lower-for-longer” mantra. Now, the […]
Oil Prices on the March Again in Tight Market; U.S. Crude at 7-yr high
IndustryOil prices up to date rose on Monday, extending pre-weekend gains, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps. Brent crude futures settled 0.54% higher at $85.99 per barrel, following on from last Friday’s 1.1% gain. The contract was near […]
New report highlights importance of oil and gas to West Virginia economy
IndustryWest Virginia increased natural gas and oil production 14% and 10%, respectively. This is from 2019-2020, according to a new report from The Gas and Oil Association of West Virginia. Producers operating in the state have contributed $3 billion in state severance and property tax revenue. This is from a 2008 report. “The natural gas […]