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HEADLINES: GE's Divestiture Might Be Good For Baker Hughes
Also this week, U.S. and Russia energy leaders talked Nord Stream 2 at the World Gas Conference, while Chevron and Exxon Mobil CEOs expressed trade conflict concerns.
What's Affecting Oil Prices This Week (June 25, 2018)?
In the week since our last edition of What's Affecting Oil Prices, Brent prices fell nearly a dollar to average $74.75/bbl after the OPEC meeting.
Headlines: OPEC Considers Output; US Shale Producers Talk Tariffs
Also this week, Drillinginfo Co-founder Allen Gilmer discusses the company's bevy of recent deals.
What's Affecting Oil Prices This Week (June 18, 2018)?
Brent prices fell $0.27/bbl to average $75.69/bbl while WTI actually saw some recovery, up $0.87/bbl to average $66.21/bbl.
HEADLINES: Saudi Energy Minister Calls OPEC Output Boost ‘Inevitable’
Also this week, Phillips 66 to expand Texas NGL project. Meanwhile, Exxon Mobil and Plains pursue Permian pipeline JV and Pioneer sells Colorado assets.
What's Affecting Oil Prices This Week (June 11, 2018)?
Barring a geopolitical surprise, we expect that Brent will average around $75/bbl this week, with highs seen early in the week before leveling off after the Singapore summit.
HEADLINES: EnLink Exec On Devon Deal, Working With GIP
Also this week, FourPoint and Double Eagle Energy are joining forces to form a pure-play Midland Basin company.
What's Affecting Oil Prices This Week (June 4, 2018)?
In the weeks since our last edition of What’s Affecting Oil Prices, crude prices finally cracked, falling sharply last week.
HEADLINES: Trans Mountain Thoughts; Delaware Deals
This week oil and gas leaders weighed in on Canada's purchase of the Trans Mountain Expansion and OPEC and Russia said they're staying the course—for now. Also, Callon and Matador make moves in the Delaware.
DUG Permian Review: Infrastructure Concerns As Activity Rises
Companies are focusing on takeaway capacity concerns but buzz surrounding the Permian Basin remains optimistic.
HEADLINES: Cheniere Makes FID On Third Corpus Christi Train
Investors in the world’s largest oil and gas companies are eyeing a windfall from rising crude prices as the sector heads toward its strongest financial performance in a decade.
Barry Biggs of Hess: Bakken Can Be ‘A Very Powerful Force’
Hess executive says the region can be an attractive option to the Permian Basin.