Oil price rises to new highs as output from Gulf cut

BRENT Crude and West Texas Intermediate both hit five-month highs overnight on the back of reduced output from the Gulf of Mexico as two hurricane storm systems approach.

26 August 2020
comments
share

PODCAST: FBI-CRC - forging Australia's future battery industry

SPONSORED
Province Resources (ASX: PRL)

SPONSORED
province resources
PODCAST: Engineers Australia - dedicated to industry's development

SPONSORED
PODCAST: Black Mountain Energy - the visionary company changing industry

SPONSORED

Overnight, Brent futures had risen to $45.92 a barrel, or nearly 80 cents, while WTI jumped 55c to $43.17/bbl.

An invaluable asset to Australasia's oil and gas sector

Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information.

EnergyNewsBulletin.net Package

From $306 *per user, per year (excluding GST)

SUBSCRIBE NOW

Full access to EnergyNewsBulletin.net resources on desktop and mobile
Industry-leading insights into the future of energy
Expert market views on digitalization and renewables
In-depth features on advancements in technology
A ﬁrst look at latest commodity price updates and breaking news
2 daily newsletters covering hot topics in operations and investment
Access to the complete Energy News Bulletin archive since 2006

Try EnergyNewsBulletin.net for 30 days for ONLY $1

START YOUR TRIAL

best value

Resource Sector Investment Package

From $485 *per user, per year (excluding GST)

SUBSCRIBE NOW

All the benefits of EnergyNewsBulletin.net package, plus Unlimited access to MiningNews.net
Access to all MiningNews.net articles and additional features
MiningNews.net daily newsletters
Exclusive monthly newsletter from RESOURCESTOCKS featuring select commodity market analysis and latest company profiles.

view all subscription options

topics

Us-gulf-of-mexico

research reports

Cost Report 2020: Industry sentiment across CAPEX, OPEX, labour and technology
How will the upstream industry deal with the carnage of 2020? Read the 2020 ENB Cost Report
Subscribe today for full access to all Energy News Bulletin Reports