Following last week’s price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China. Additionally, U.S. dollar weakness contributed to last week’s price rally. Traders are also expecting deeper OPEC+ cuts of 1.15 million bbl/d in August and September. As a result, Brent crude traded above $46 which was mainly […]
https://www.rangerminerals.com/wp-content/uploads/2020/09/Oil-Market-Recovery.png5391030Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2020-09-01 07:15:322020-09-01 06:26:39Robust Chinese Demand Fuels Oil Market Recovery
Oil and gas companies active in the Gulf of Mexico have shut in almost 58 percent of oil production on Monday as two tropical storms threaten operations. Oil and gas companies active in the Gulf of Mexico have shut in almost 58 percent of oil production and 44.6 percent of gas production as a hurricane […]
https://www.rangerminerals.com/wp-content/uploads/2020/08/oil-and-gas-drilling.png5391030Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2020-08-27 07:25:572020-09-26 08:56:33Oil Rallies As Twin Storms Force Shut-Ins In Gulf Of Mexico
The double negatives of a demand-culling pandemic and wildly declining sentiment trouncing the oil and gas. It is also pushing companies to record lows, with $30 billion in collective debt, trying to pick a winner in this sector is growing more challenging by the day. Oil boom is really coming. On the demand front, the […]
https://www.rangerminerals.com/wp-content/uploads/2020/08/oil-boom.png5391030Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2020-08-25 11:24:342023-09-28 13:46:273 Ways To Play The Coming Oil Boom
Robust Chinese Demand Fuels Oil Market Recovery
IndustryFollowing last week’s price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China. Additionally, U.S. dollar weakness contributed to last week’s price rally. Traders are also expecting deeper OPEC+ cuts of 1.15 million bbl/d in August and September. As a result, Brent crude traded above $46 which was mainly […]
Oil Rallies As Twin Storms Force Shut-Ins In Gulf Of Mexico
IndustryOil and gas companies active in the Gulf of Mexico have shut in almost 58 percent of oil production on Monday as two tropical storms threaten operations. Oil and gas companies active in the Gulf of Mexico have shut in almost 58 percent of oil production and 44.6 percent of gas production as a hurricane […]
3 Ways To Play The Coming Oil Boom
IndustryThe double negatives of a demand-culling pandemic and wildly declining sentiment trouncing the oil and gas. It is also pushing companies to record lows, with $30 billion in collective debt, trying to pick a winner in this sector is growing more challenging by the day. Oil boom is really coming. On the demand front, the […]