Oil prices were steady on Friday but on track for a fifth straight week of gains. This is with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations. The expectation is that central banks are nearing the end of policy tightening […]
https://www.rangerminerals.com/wp-content/uploads/2023/07/oil-trackcnbc.jpeg523929Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-07-29 08:00:062023-09-28 08:00:03Oil on Track for Fifth Week of Gains
Oil prices have been slowly but surely edging higher in July as rising optimism around Chinese demand combines with supply concerns to boost bullish sentiment. Oil bulls are optimistic now? Chinese authorities have reformed natural gas pricing in the country, linking retail residential gas prices to distributors’ purchasing costs to avoid squeezing the margin of […]
https://www.rangerminerals.com/wp-content/uploads/2023/07/2023-07-25_84nb3kxtts.jpg300718Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-07-27 08:00:272023-09-28 08:00:48Oil Bulls Are Cautiously Optimistic As Brent Holds Above $82
Experts’ oil price expectations are that it could rise to $100 per barrel by the fourth quarter. The price per barrel currently sits at $74. The demand for oil is high right now and more production is needed to meet it. This is according to Judy Stark, the president of Panhandle Producers and Royalty Owners […]
https://www.rangerminerals.com/wp-content/uploads/2021/03/social.jpg600800Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-07-21 08:00:462023-09-28 08:01:46Oil Price Expections | Will Rise to $100 per Barrel by Late 2023
Oil on Track for Fifth Week of Gains
IndustryOil prices were steady on Friday but on track for a fifth straight week of gains. This is with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations. The expectation is that central banks are nearing the end of policy tightening […]
Oil Bulls Are Cautiously Optimistic As Brent Holds Above $82
IndustryOil prices have been slowly but surely edging higher in July as rising optimism around Chinese demand combines with supply concerns to boost bullish sentiment. Oil bulls are optimistic now? Chinese authorities have reformed natural gas pricing in the country, linking retail residential gas prices to distributors’ purchasing costs to avoid squeezing the margin of […]
Oil Price Expections | Will Rise to $100 per Barrel by Late 2023
IndustryExperts’ oil price expectations are that it could rise to $100 per barrel by the fourth quarter. The price per barrel currently sits at $74. The demand for oil is high right now and more production is needed to meet it. This is according to Judy Stark, the president of Panhandle Producers and Royalty Owners […]