Markets https://www.oedigital.com/markets?format=feed Markets en-US Wed, 21 Feb 2024 14:35:05 -0500 https://www.oedigital.com/news/511702-are-north-sea-jack-ups-set-for-flat-2024 Are North Sea Jack-Ups Set for Flat 2024? Global jack-up marketed utilization has been on an upward trajectory since 2017, reaching its peak of 94% at the end of 2023. However, the outlook for the year ahead looks somewhat flat… Wed, 21 Feb 2024 19:35:05 Z https://www.oedigital.com/news/511702-are-north-sea-jack-ups-set-for-flat-2024 https://www.oedigital.com/news/502577-u-s-natgas-demand-price-nosedive-continues U.S. Natgas Demand, Price Nosedive Continues U.S. natural gas futures held near a 21-month low on Tuesday, keeping the contract on track for its second-biggest monthly drop in history, as a decline in output… Tue, 31 Jan 2023 16:11:50 Z https://www.oedigital.com/news/502577-u-s-natgas-demand-price-nosedive-continues https://www.oedigital.com/news/501988-2023-forecast-led-by-brazil-offshore-oilfield-services-spending-to-rise 2023 Forecast:: Led by Brazil, Offshore Oilfield Services Spending to Rise Offshore exploration and production (E&P) capital expenditures (capex) will shake off the pandemic-induced declines of the past two years and rebound by 20% in 2022… Thu, 05 Jan 2023 22:44:17 Z https://www.oedigital.com/news/501988-2023-forecast-led-by-brazil-offshore-oilfield-services-spending-to-rise https://www.oedigital.com/news/498865-oil-likely-to-chalk-up-weekly-loss-recession-fears-loom Oil Likely to Chalk Up Weekly Loss, Recession Fears Loom Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a strong dollar and worries about a global economic slowdown weigh.Brent crude futures were down 97 cents… Fri, 19 Aug 2022 11:03:03 Z https://www.oedigital.com/news/498865-oil-likely-to-chalk-up-weekly-loss-recession-fears-loom https://www.oedigital.com/news/497429-oil-up-on-tight-supply-but-interest-rate-hikes-weigh Oil Up on Tight Supply, But Interest Rate Hikes Weigh Oil rose on Friday, supported by supply tightness and new sanctions on Iran, but prices were on track for a weekly decline amid interest rate hikes from major central… Fri, 17 Jun 2022 10:43:54 Z https://www.oedigital.com/news/497429-oil-up-on-tight-supply-but-interest-rate-hikes-weigh https://www.oedigital.com/news/497324-u-s-natgas-up-2-on-higher-demand-soaring-global-prices U.S. Natgas up 2% on Higher Demand, Soaring Global Prices U.S. natural gas futures edged up about 2% on Tuesday on record power demand in Texas, forecasts for more gas demand over the next two weeks than previously expected… Tue, 14 Jun 2022 11:52:14 Z https://www.oedigital.com/news/497324-u-s-natgas-up-2-on-higher-demand-soaring-global-prices https://www.oedigital.com/news/495870-what-to-expect-from-the-us-offshore-wind-market-this-year What to Expect from the US Offshore Wind Market This Year After many false starts, the U.S. offshore wind market is building strong roots for a solid future. But as the market develops from its current northeast and mid… Mon, 18 Apr 2022 15:53:57 Z https://www.oedigital.com/news/495870-what-to-expect-from-the-us-offshore-wind-market-this-year https://www.oedigital.com/news/493235-markets-as-omicron-threat-fades-oil-bulls-return Markets: As Omicron Threat Fades, Oil Bulls Return Portfolio investors have started to rebuild bullish positions in the oil market, reassessing earlier fears about the likely impact of the Omicron variant of coronavirus… Tue, 04 Jan 2022 13:12:32 Z https://www.oedigital.com/news/493235-markets-as-omicron-threat-fades-oil-bulls-return https://www.oedigital.com/news/489722-oil-slides-4-on-china-virus-curbs-climate-warning Oil Slides 4% on China Virus Curbs, Climate Warning Oil prices fell by 4% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia… Mon, 09 Aug 2021 09:52:43 Z https://www.oedigital.com/news/489722-oil-slides-4-on-china-virus-curbs-climate-warning https://www.oedigital.com/news/489592-market-report-the-work-class-rov-market Market Report: The Work Class ROV Market Demand for work-class ROVs (WROV) has traditionally been determined by the state of the global offshore oil & gas industry. This is likely to remain the case in the short to medium-term… Mon, 02 Aug 2021 13:17:41 Z https://www.oedigital.com/news/489592-market-report-the-work-class-rov-market https://www.oedigital.com/news/485627-markets-hedge-funds-sell-oil MARKETS: Hedge Funds Sell Oil Hedge funds have reduced their position in petroleum futures and options for the first time in 16 weeks, the first weekly net sales since the first successful coronavirus… Mon, 01 Mar 2021 13:17:21 Z https://www.oedigital.com/news/485627-markets-hedge-funds-sell-oil https://www.oedigital.com/news/483479-oil-rises-on-vaccine-hope-weak-dollar Oil Rises on Vaccine Hope, Weak Dollar Oil rose for a fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more than expected, extending… Wed, 25 Nov 2020 13:23:49 Z https://www.oedigital.com/news/483479-oil-rises-on-vaccine-hope-weak-dollar