BOE Report - Canada's Source for Oil & Gas News
WEB4 days ago · Q2 2024 Earnings Season Report Card – BOE Intel September 10, 2024 6:42 AM With the majority of Canadian producers having now reported their second quarter results, the time has come for another BOE Intel Earnings Season Report Card. The major story in the second quarter was natural gas pricing, …
Oil prices set to end week higher after US rate cut | BOE Report
WEB2 days ago · Latest Headlines. Oil prices, which eased slightly on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent futures, which were trading 12 cents, or 0.2%, lower at $73.76 a barrel at 0658 GMT on Friday, gained 4.3% this week. U.S. WTI.
US drillers cut oil and gas rigs for fifth week in six, Baker Hughes ...
WEB2 days ago · U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week, with the count falling for a fifth week in six, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by two to 588 in the week to Sept. 20.
US seeks up to 6 million barrels of oil for strategic reserve
WEB4 days ago · The U.S. is seeking to buy up to 6 million barrels of oil to help replenish the Strategic Petroleum Reserve after a historic sale from the facility in 2022, the Energy Department said on Wednesday. Reuters reported exclusively this week that the solicitation would take place on Wednesday as the administration of President Joe Biden.
Investors turned more bearish on oil last week than ever
WEB6 days ago · Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that pressured prices to multi-year lows amid growing concerns of weak demand in top consuming nations. Negative sentiment swept oil markets so strongly that short positions on Brent crude overtook long positions for the first time, data from the ...
BOE Intel
WEBBOE Report. StackDX. Petro Ninja Maps. 639 5th Ave SW, Suite 1100. Calgary, AB, T2P 0M9. hello@boereport.com. Keep up with the latest production, financial, and well data for the western Canadian oil and gas industry.
Heavy oil discount tightens within narrow range | BOE Report
WEBSep 13, 2024 · Market Data. The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed slightly on Friday: * WCS for October delivery in Hardisty, Alberta, settled at $13.75 a barrel below WTI, according to brokerage CalRock, having settled at $13.85 a barrel under the benchmark on Thursday.
BOE Report Jobs – Canada's source for oil and gas jobs.
WEBJoint Venture Analyst. Harvest Operations Corp. Calgary. Full Time. 2 weeks ago. Load more listings. Canada's source for oil and gas jobs.
US EIA lifts oil demand forecast, says prices will recover to above …
WEBSep 10, 2024 · The widening supply deficit will increase withdrawals of oil from global stockpiles, pushing Brent crude prices back above $80 a barrel in the physical spot market this month, the EIA said in its short-term energy outlook. Spot Brent prices averaged $73 a barrel on Sept. 6, the agency said. On Tuesday, futures contracts tied to the global crude ...
Oil slips for third session on likely ‘higher for longer’ US rates
WEBOil prices fell for a third straight session on Wednesday on expectations the Federal Reserve might keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world's largest oil consumer. Brent crude futures were down 60 cents, or 0.7%, to $82.28 a barrel, while U.S. West Texas Intermediate
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