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Monday, June 21, 2021

Bank of America Projects 2022 Oil Prices Near $100 on Growing Travel Demand

Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said, the strongest call yet among major forecasters for a return to triple digits.

Wednesday, June 9, 2021

WTI Crude Closes Above $70 for the First Time Since October 2018

Oil broke through a months-long trading range as expectations of tightening supplies in the U.S. compounded signs the world’s largest oil-consuming country is in the midst of a robust recovery.

Wednesday, June 2, 2021

Biden Suspends Trump-Era Oil and Gas Leases in Alaska Refuge

U.S. President Joe Biden's administration on Tuesday said it would suspend oil and gas leases that were handed out in an Alaska wildlife refuge during the final days of the Trump administration pending an environmental review.