Energy Pricing News

 

Oil Slips, Weekly Loss Looms

Dec 06, 2024

Oil prices fell 1% on Friday and were headed for a weekly loss as analysts projected a supply surplus next year despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026.Brent crude futures were down 85 cents, or 1%, to $71.24 per barrel at 11:04 a.m. EST. U.S. West Texas Intermediate crude futures CLc1 were down 92 cents, or 1%, to $67.38 per barrel.For the week…

Current News

Iberdrola, Kansai partner again in German Offshore Wind project

Iberdrola, Kansai partner agai

Shell to add Two Wells at GoM Perdido Platform

Shell to add Two Wells at GoM

BOEM Advances Leasing for GoM Offshore Wind Energy

BOEM Advances Leasing for GoM

Woodside’s North West Shelf Project Gets Australian Gov’s Approval

Woodside’s North West Shelf Pr

Subscribe for OE Digital E‑News

Offshore Engineer Magazine