Oil prices nudged higher

Oil prices rose on Friday as governments around the world pledged a huge injection of funds and other measures to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for

Reabold California comprises three licence areas: Monroe Swell, West Brentwood and Grizzly Island. The California assets have a combined NPV of up to US$235m net to Reabold according to the contract operator (non-compliant). Oil production across

Reabold Resources plc (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, noted the following with respect to current volatile market conditions relating to COVID-19. A fundamental aspect

The price of oil is rebounding from a February plunge, adding another 3 percent to the surge it made on Friday. Oil prices fell dramatically in mid-February, but had been steadily climbing back as the number of

Reabold Resources (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, has today announced an update regarding its operations in California. Highlights: ·    VG-6 well on West Brentwood tested at

Oil jumped to the highest in almost four weeks as U.S. crude exports surged and the expansion of domestic inventories slowed dramatically. Futures rose as much as 2.3% in New York on Thursday. American oil exporters

Reabold Resources (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, has today announced an update regarding the anticipated work programme at West Newton within the PEDL183 licence

Oil prices climbed on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world’s second-largest oil consumer may begin to recover from

Oil and copper prices rose Wednesday, reversing course from their steady drop to start the year in a move that some traders attributed to unconfirmed media reports that a Chinese university found a treatment for the

The American Petroleum Institute (API) estimated on Tuesday a surprise large crude oil inventory draw of 4.27 million barrels for the week ending January 24, compared to analyst expectations of a 482,000-barrel build in inventory. Last week saw

U.S. oil production has boomed in the past decade, thanks largely to innovation in the use of fracking, which has allowed the U.S. to tap into not only enormous amounts of shale oil, but also natural

Oil prices were trading up over 1% on Thursday afternoon, the latest development in the current oil market that can’t decide whether oil prices should be up or down.close [x]PauseUnmuteLoaded: 0%Progress: 0%Remaining Time -1:11Fullscreen Today’s major catalysts

Crude oil futures were higher during mid-morning trade in Asia Tuesday on market optimism ahead of the US-China phase one trade deal signing this week. At 10:45 am Singapore time (0245GMT), the front-month March ICE Brent

Oil surged more than 1% in early trading on Monday morning as tensions in the Middle East escalated over the weekend, pushing Friday’s gains into a second week. Brent crude jumped 1.5%, to as high as $70.74 per

Reabold Resources (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, has today provided an update on the drilling activity at the VG-6 well located in its West

Reabold Resources (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, has advised that an extensive, firm work programme is planned by Danube Petroleum Limited, in which Reabold

Reabold Resources (LON:RBD), the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, has announced an update in respect of the Extended Well Test on the West Newton A-2 appraisal

Oil edged further above $65 a barrel on Tuesday, supported by hopes that the U.S.-China trade deal will bolster oil demand in 2020 and the prospect of lower U.S. crude supplies. The ‘Phase One’ agreement between