The supply chain costs of oil and gas projects in America are expected to increase in the coming years; That brings total capital expenditures close to $100 billion, according to a recent report. The engineering, procurement, construction and installation (EPCI)…
Continue ReadingOil prices turned down more than 3%, during trading on Friday, as Brent crude fell below $79, with the strength of the US currency. Crude's performance comes on the heels of the US' call for major oil consumers for a…
Continue ReadingU.S. stock futures were mostly lower on Friday, with the exception of Nasdaq-100 futures, with some citing concerns over a national lockdown to battle COVID-19 announced in Austria. How are stock-index futures trading? S&P 500 futures, -0.06% slipped 0.2% to 4,688…
Continue ReadingOil prices turned higher on Thursday, with Brent crude rising above $80 again, after falling earlier in the session, with major oil consumers heading to release strategic reserves. Today, Thursday, China announced its intention to release reserves, in the wake…
Continue ReadingOil prices deepened their losses by more than 1%, in trading today, Wednesday, with US crude falling below $ 80, before the release of official data on crude stocks in the United States. This comes at a time when many…
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