Oil prices had a mixed evolution on Monday, amid concerns over a potential decline in crude supply ahead of the weekly U.S. inventories data. WTI futures traded 0.4 % down at 58.82 USD/bbl. In the meantime, the Brent crude price edged 0.3% up at 67.21 USD/bbl, supported by steady OPEC’s production cuts and an improved German business climate index which eased the prospect of a recession in Europe's biggest economy.
read more... 26/03/2019
Crude oil prices slipped on Thursday, on weaker global demand and trade worries. However, losses were limited due to reduced global stocks, OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela. Brent oil dipped by 0.9% to $67.86 a barrel, while WTI futures edged 0.4% lower at $59.98 a barrel.
read more... 22/03/2019
The oil and gas discovery by Aker BP was made through the drilling of wildcat well 24/9-14 S and a horizontal appraisal well, called 24/9-14 A, in the Froskelår Main prospect located the Alvheim area.
read more... 21/03/2019
Crude oil prices inched up on Monday supported by the extension of OPEC-led supply cuts and a decline in U.S. crude inventories. Brent crude edged 0.6% higher at $67.54 a barrel, while WTI futures traded 1% higher at $59.09 a barrel.
read more... 19/03/2019
Oil prices inched up on Tuesday, supported by Saudi Arabia's plan to tighten supply in April. A shortage in Venezuelan oil exports due to a power outage also boosted prices. However, gains were limited by rising U.S. crude production. Both Brent and WTI crude rose by 0.1% to $66.67 a barrel and $56.87 a barrel respectively.
read more... 13/03/2019