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It produced an average of 1.9 million BOE per day, which it sold for an average of $55.77 per BOE (and $78.88 per barrel of oil). It used that cash to fully cover its capital expenditures and ...
Oil prices rose on Tuesday amid tight supplies and speculation over what $100 oil could do to the economy.. West Texas Intermediate settled at $90.39 per barrel on Tuesday while Brent also closed ...
The West Texas Intermediate (WTI) crude oil is roughly $70 per barrel today. With the CrownRock acquisition, Occidental expects its cash flow per share to total around $4.22 per share.
According to a January 2020 EIA report, the average price of Brent crude oil in 2019 was $64 per barrel compared to $71 per barrel in 2018. The average price of WTI crude oil was $57 per barrel in 2019 compared to $64 in 2018. [91] On 20 April 2020, WTI Crude futures contracts dropped below $0 for the first time in history, [110] and the ...
U.S. crude futures surpassed $90 per barrel on Thursday for the first time since November 2022. West Texas Intermediate jumped 1.8% to settle at $90.16.Brent crude futures also closed higher, at ...
This is why the smartest oil stock for most investors right now will be reliable industry giant Chevron (NYSE: CVX). ... the price of Brent Crude, a key global oil benchmark, has been as low as ...