Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. Let’s talk more about this oil price explosion. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28 years time. Bloomberg notes that […]
Oil prices gain and traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week. Brent crude futures rose 51 cents, or 0.6 percent, to $62.89 a barrel by 0405 GMT, while West Texas Intermediate (WTI) futures were up 54 cents, or 0.9 percent, to $57.94 a barrel. Prices had ended […]
https://www.rangerminerals.com/wp-content/uploads/2019/09/Untitled-Cropped.png286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-09-13 17:00:122023-09-28 14:34:22Oil Prices Gain After Bigger-than-Expected Fall in US Stockpiles
While fracking has been going on in the U.S. since the late 1940s, it wasn’t until just after the turn of the century that it began to be increasingly used in conjunction with horizontal drilling. That marriage of technologies ushered in the fracking boom and resulted in a renaissance of oil and gas production. The […]
https://www.rangerminerals.com/wp-content/uploads/2019/09/960x0-Cropped.jpg268711Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-09-11 18:00:262019-09-11 16:38:39Why A Ban On Fracking Will Never Happen
Oil Price Explosion – Brent Crude Jumps 20%
IndustryTraders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. Let’s talk more about this oil price explosion. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28 years time. Bloomberg notes that […]
Oil Prices Gain After Bigger-than-Expected Fall in US Stockpiles
IndustryOil prices gain and traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week. Brent crude futures rose 51 cents, or 0.6 percent, to $62.89 a barrel by 0405 GMT, while West Texas Intermediate (WTI) futures were up 54 cents, or 0.9 percent, to $57.94 a barrel. Prices had ended […]
Why A Ban On Fracking Will Never Happen
IndustryWhile fracking has been going on in the U.S. since the late 1940s, it wasn’t until just after the turn of the century that it began to be increasingly used in conjunction with horizontal drilling. That marriage of technologies ushered in the fracking boom and resulted in a renaissance of oil and gas production. The […]