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Marathon, White Star and Gastar add to their acreage positions, while a federal lease sale shows there's life for offshore exploration in the Gulf of Mexico.
WPX Energy, RSP Permian, Silver Hill Energy Partners, Anadarko and J.P. Morgan awarded for industry-leading achievements.
The price of Brent crude will trade sideways with support at $50.90. Meanwhile, the Brent-WTI differential will continue to trade between $2 and $2.50 with respect to the May contract.
From Canada to Texas, Marathon Oil, Pioneer Natural Resources and Resolute Energy made big deals while heads of state talked energy in Houston.
A reflection of three decades in the energy industry, and what to look for as a private investor going forward.
World leaders and key players in the global energy landscape made news at CERAWeek including OPEC’s Secretary General, IEA’s chief and ExxonMobil’s new CEO.
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Whats Affecting Oil Prices This Week March 6 2017
For the upcoming week: U.S. production and drilling continues to increase but so far OPEC is conforming to the agreed production cuts.
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Halcón Resources and SandRidge Energy each recently emerged from bankruptcy and are now buying up acreage.
For the upcoming week the price of Brent crude is expected to trade between $56 and $57.