Oil prices appear to have taken a break from focusing on macro events, with increasing demand and disruptions in supply pushing oil prices higher at the start of the week. The real news for oil markets this week, however, will come from the Fed’s meeting. Let’s talk more about oil market fundamentals. As French strikes […]
https://www.rangerminerals.com/wp-content/uploads/2023/03/2023-03-21_hhza1acke3.jpg300718Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-03-23 08:00:392023-09-28 08:13:08Oil Market Fundamentals Push Oil Prices Higher
Oil rises again on Tuesday, extending a recovery from a 15-month low hit the previous day, as the rescue of Credit Suisse eased worries about global banking sector risks that could hit economic growth and fuel demand. After jitters initially, on Monday the mood across financial markets has lifted in the wake of UBS’ takeover […]
https://www.rangerminerals.com/wp-content/uploads/2023/03/oil-risesncbc-768x513-1.jpeg513768Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-03-22 08:00:222023-09-28 08:13:13Oil Rises Again for Second Day as Banking Fears Ease for Now
Drilling activity in the US oil and gas output increased by 51.3pc on an average yearly basis in 2022, driving crude production up to 11.9mn bl/d and marking a 6.4pc increase compared with the 11.2mn bl/d averaged in 2021. The increased output was augmented by US companies completing a large backlog of drilled-but-uncompleted (Duc) wells […]
https://www.rangerminerals.com/wp-content/uploads/2023/03/acfa5e38d46215f0149f9bc22294e78eb55270a9.png4751140Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-03-16 08:00:332023-09-28 08:13:18US Oil and Gas Output on the Rise
Oil Market Fundamentals Push Oil Prices Higher
IndustryOil prices appear to have taken a break from focusing on macro events, with increasing demand and disruptions in supply pushing oil prices higher at the start of the week. The real news for oil markets this week, however, will come from the Fed’s meeting. Let’s talk more about oil market fundamentals. As French strikes […]
Oil Rises Again for Second Day as Banking Fears Ease for Now
IndustryOil rises again on Tuesday, extending a recovery from a 15-month low hit the previous day, as the rescue of Credit Suisse eased worries about global banking sector risks that could hit economic growth and fuel demand. After jitters initially, on Monday the mood across financial markets has lifted in the wake of UBS’ takeover […]
US Oil and Gas Output on the Rise
IndustryDrilling activity in the US oil and gas output increased by 51.3pc on an average yearly basis in 2022, driving crude production up to 11.9mn bl/d and marking a 6.4pc increase compared with the 11.2mn bl/d averaged in 2021. The increased output was augmented by US companies completing a large backlog of drilled-but-uncompleted (Duc) wells […]