Investors can be quickly overwhelmed by the complex jargon and unique metrics used throughout the oil and gas industry. This introduction is designed to help anyone understand the fundamentals of companies involved in oil and gas by explaining key concepts...
Oil prices have slightly edged higher on China’s factory data but are on track for a weekly loss. Brent crude futures were down $0.27 at $59.89 a barrel, while US West Texas Intermediate (WTI) crude futures were down $0.32 at $54.50 per barrel, reported...
The recovery happened due to several factors. One of them is the success of the production restraint agreement between OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC countries, which is in force since the beginning of first half...
