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Home Tag Gulf of Mexico

Tag: Gulf of Mexico

Oil up but Set to Close the Week With its largest Weekly Loss Since March, Dow retreats while tech leads amid drop in oil price

Oil bullish as Gulf producers make progress towards normalcy

byAjibola Akamo

September 8, 2021

The black liquid is bullish today as U.S. Gulf of Mexico producers made slow progress in restoring output after Hurricane ...

Oil price hits 21-year low as demand and storage crisis persists, Crude oil prices drop as investors assess demand recovery amid supply glut

Crude oil prices drop again after losing 4% on Monday

byOlumide Adesina

September 22, 2020

Oil benchmarks fell around 4% on Monday following rising concerns of increased coronavirus cases.

Shell warns investors it may write down up to $22 billion due to oil crash

Shell to focus on Nigeria, Gulf of Mexico and others as it seeks to cut 40% of costs

September 21, 2020

Shell is seeking to cut 40% of operating costs in its upstream oil and gas.

Crude oil prices record gains after tropical storm hit Gulf of Mexico, The world's biggest oil hedge program underway, crude oil, Nigeria's Crude oil, Bonny light crude oil crashes as Nigeria runs into deeper revenue crisisBonny light crude oil crashes as Nigeria runs into deeper revenue crisis, Brent crude futures gained 0.92%, at $36.08 per barrel, while the U.S. West Texas Intermediate (WTI) crude futures also gained 0.54%, at $33.67 a barrel, Crude oil prices hit $40 per barrel as inventory build-up declines, EIA increases Brent price projection by $2.50 for 2020

Crude oil prices record gains after tropical storm hit Gulf of Mexico

byOlumide Adesina

September 14, 2020

Tropical Storm Sally picked up its strength in the Gulf of Mexico, west of Florida yesterday.

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