OPEC Secretary General al-Badri says oil prices may have found the floor, but warns of future spikes Abdulla al-Badri, Secretary General of OPEC, thinks oil prices have reached their bottom and may start rising soon. He warned that under-investment now could lead to future supply shortages and bring the price of oil to $200 per barrel. “Now the prices are
The price of West Texas Intermediate (WTI) crude has taken the oil and gas industry for a wild ride since June. From north of $105, so far we’ve rocketed down the first hill of the rollercoaster and we’re still screaming with our eyes closed. But if you go by the published WTI price forecasts of 32 large banks, crude is
As expected, the majority of North American E&Ps are slashing budgets in anticipation for 2015 – a year in which the Energy Information Administration forecasts West Texas Intermediate prices at $62.75/barrel. A common theme in 2015 guidance is a focus on established, reliable plays and a pullback in wildcatting and exploration projects. Some companies admitted in their Q3’14 calls that guidance
On November 27, the nation’s attention will descend on the heart of Texas for another classic NFL Thanksgiving matchup between the Dallas Cowboys and Philadelphia Eagles. Cheap seats on StubHub are currently selling for $150 and up. Also on Thanksgiving Day, but on the other side of the world, the oil industry’s attention will descend on Vienna, Italy, for the
EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 196 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending September 30, 2014, is $0.34 per share compared to actual earnings per share of $0.23
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
