- Oil prices will stage a steady recovery this year as vaccines reach more people and speed an economic revival, with further impetus coming from stimulus and output discipline by top crude producers, a Reuters poll showed on Friday. The survey of 55 participants forecast Brent crude would average $59.07 per barrel in 2021, up from last month's $54.47 forecast.
Front Month Nymex Crude for April delivery gained 31 cents per barrel, or 0.49% to $63.53 today. --Up for four consecutive sessions. --Up $4.29 or 7.24% over the last four sessions.
ICE exchange, home of Brent oil futures trading, has put pressure on pricing agency Platts to postpone its physical Brent market reform, saying the market needs more time to consult and adjust the value of derivatives in line with the changes.
ICE exchange, home of Brent oil futures trading, has put pressure on pricing agency Platts to postpone its physical Brent market reform, saying the market needs more time to consult and adjust the value of derivatives in line with the changes.
Dow Inc (DOW) is adjusting its carbon footprint and product slate to adapt to climate change and tap evolving consumption trends tied to the global energy transition, a senior executive said this week.
TD Holdings Inc (GLG): * TD HOLDINGS (GLG) - UNIT HAINAN JIANCHI IMPORT AND EXPORT CO GRANTED DANGEROUS CHEMICALS BUSINESS LICENSE BY STATE ADMINISTRATION OF WORK SAFETY OF CHINA. * SUCH LICENSE WILL ACCELERATE COMPANY'S STRATEGIC EXPANSION OF ITS BUSINESS IN ENERGY COMMODITIES FIELD. * LICENSE COVERS HANDLING OF HAZARDOUS CHEMICALS AND ENERGY PRODUCTS SUCH AS PETROLEUM, CHEMICAL, FUEL, ETC.
* Crude prices up over 75% over past four months. * OPEC+ to meet on March 4, discuss modest output increase. * Fed Chairman Jerome Powell nixes rate hike fears. By Scott DiSavino.
Dow Inc (DOW) is adjusting its carbon footprint and product slate to adapt to climate change and tap evolving consumption trends tied to the global energy transition, a senior executive said this week.
Oil prices were mixed on Thursday with U.S. crude edging up to its highest close since 2019 as Texas refineries restarted production after last week's freeze, while Brent eased on worries that four months of gains will prompt producers to boost output.
Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months, underpinned by monetary easing policies and lower crude production in the United States.
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