An Alaska judge has ruled against a request for an injunction against a lease sale in the Arctic National Wildlife Refuge in Alaska scheduled for today, letting the tender proceed. The AP reports that District Judge Sharon Gleason motivated her decision with failure on the part of the plaintiffs—environmentalists and Native American communities—to show the […]
Brent Crude prices are set to average $50.67 a barrel in 2021, slightly down from the price at which they traded early on the last trading day of 2020, the monthly Reuters poll of analysts and economists showed on Thursday. The key downside risk for oil prices in 2021 will be the mutating strains of […]
Crude oil prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for the week to December 18. This compared with a draw of 3.1 million barrels estimated for the previous week and an inventory build of 2.7 million barrels for the week to December 18, as estimated by […]
