Energy News

This regularly updated section will explore the intricacies of the oil and gas industry from various vantage points. If you would like more specific information about Magna Resources, please Contact Us.

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Energy News

Oil Climbs as Strong Fuel Market Assuages Recession Worries

Oil Holds Gains as China Eases Curbs, Goldman Boosts Forcasts

Oil Gains Near $120 as Saudi price Boost Shows Damand Confidence

OPEC fails to increase oil output amid capacity troubles

Oil Inventories Fall by More Than Expected by 1.2M Barrels Last Week: API -Breaking

US Crude Oil, Fuel Stockpiles Fall in Tight Market: EIA

OPEC Members Consider Suspending Russia From Oil Deal, New Report Says

Oil Roars to Sixth Monthly Advance on EU Ban, China's Reopening

Oil Up as Stockpiles Tighten Ahead of Summer Driving Surge

ICYMI - Russia's Novak expects oil output to shrink 8.4% this year

Oil Climbs as Report Shows Tightening US Gasoline Stockpiles

Oil Inventories Down to Dangerously low Point

Oil Inventories Unexpected Rise by 1.6M Barrels Last Week: API - Breaking

Oil Set for Consecutive Weekly Gains as Market Tightens Up

Oil jumps the most in three weeks as EU plans strictest ban yet

OPEC fails to increase oil output amid capacity troubles

Oil Heads for Longest Run of Monthly Gains Since Early 2018

Oil Soars with Expectation of the EU Ban on Russian Crude

U.S. oil producers may be facing supply chain issues as they increase capital expenditure

A New Texas Oil Boom Is Coming, Finally

Oil prices may not drop even as companies drill more

Russia to suspend natural gas supplies to Poland, Bulgaria

A European Ban on Russian Oil?

Oil Pushes Higher as Array of Supply Risks Eclipse China Concern

Oil Holds Advance Above $100 as Putin Vows to Continue War

U.S. crude output will rise at slower-than-expected pace, EIA says

Oil Gains as Russia Curbs, Key Terminal's Halt Boost Supply Risk

https://energynow.com/2022/03/oil-gains-as-russia-curbs-key-terminals-halt-boost-supply-risk/?source=de&wtv=rrust@magna-resources.com

Oil Inventories Fell by 4.3 Million Barrels Last Week: API

Here Are 3 Reasons Why U.S. Oil Demand Is Holding Up at $100-Plus Prices

EU's push for Persian Gulf LNG set to worsen energy price inflation

USA Condemns Attacks Reportedly Targeting Saudi Oil Site

Oil is More Likely to Stay Risky and Costly as World Deals with Supply Shortages

Oil Surges as Risk Grows of Russian Supply-Hit From Ukrain War

Oil Rallies With Focus on Stockpile Draw, Ukraine

Wall Street Is Making More $100 Oil Calls on Tightening Supply

Traders Bet That Oil at $100 Is a Question of When, Not If

Oil Hits Fresh Seven-Year High as IEA Turns Bullish on Outlook

JP Morgan Sees OPEC Spare Capacity Falling Through 2022 - Oil Prices Rising Sharply

Oil Prices Could Hit $100 As Demand Outstrips Supply

Oil Steady After Rally as Mild Omicron Hit Lets Market Tighten

Oil Trades at Two-Month High With Agencies Seeing Tighter Market

Oil Inventories fall by 1M Barrels Last Week, Gas Stockpiles Jump: API

BP Says Oil Demand Is Back Above 100 Million Barrels a Day

Oil Climbs Above $83 With U.S. Supplies Tightening

Oil Touches Multiyear Highs Energy Crunch Intensifying

Oil Surges Past $80 With Global Power Crises Set to Boost Demand

Iraqi Oil Minister Deems Oil at $75-$80 a Barrel Fair to Producers and Consumers

U.S. Worried Energy Supply Not Meeting Demand, Top Biden Advisor Says

Oil Ends Week Surging to $80 as Global Energy Crisis THreatens Supplies

Crude Oil Prices Expected To Continue Rising

Oil Likely to Hit $100 a Barrel, Says Top Trader

US Crude Oil Stockpiles Drop Sharply: Report

Oil Climbs Near Highest Since 2018 With More Iran Talks Expected

Key WTI Spread Signals U.S. Oil Squeeze Heading Into Summer

Oil Prices Up Sharply as U.S. Official raises Doubt That Iran Will Comply With Nuclear Commitments

Oil Prices on Track for Highest Finish Since March, Bouyed by Trader Optimism Over the Demand

IEA: Oil Demand Recovery Outpacing Growth in Supply

U.S. Oil Prices Turned Negative a Year Ago Today. Analysts Now See It Rising 20% to Above $75 as Countries Plot a Return to Normality

U.S. House Panel Advances Bill Allowing Antitrust Suits Against OPEC

Oil Prices Rise on Weaker Dollar, Likely Drawndown in U.S. Stocks

Oil Prices Went Negative a Year Ago: Here's What Traders Have Learned Since

Oil Edges Higher With Weaker Doller Amid Mixed Demand Outlook

Oil Prices Gain as Traders Mull Demand Cues, Supply Propsects

Historic Oil Glut Amassed During the Pandemix Has Almost Gone

Oil Prices Hit One-month High as IEA, OPEC Raise Forcasts

U.S. Oil Prices Top $60 a Barrel on Hints of an Uptick in Demand

Robust Chinese Demand Fuels Oil Market Recovery

Crude Oil Rises Above $43 Per Barrel on Improved Demand

$190 oil sounds crazy. But JPMorgan thinks it's possible even after pandemic

Saudi, Russia Reach Deal on Oil Cuts

Demand Rise, Output Cuts Could Mean Oil Market Balance in June

Baker Hughes: U.S. rig count falls to lowest on record since 1987

Oil Continues to Rise With Demand Rebound Lifting Prices

Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels

CEO of Top US Shale Producer Sees Oil Price Recovery Continuing

North American Oil Producers Cut Output Quicker Than Some Expected

Oil touches $70 as US-Iran clash sparks concerns over supplies

Oil Traders See Little in Real World to Justify Slump in Crude