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Oil to hold steady into 2019 as OPEC, U.S. compensate for supply hitches

7/31/2018

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A survey of analysts say U.S. crude futures will average $67.32 a barrel and Brent crude will average $72.87 a barrel in 2018. This is the 10th consecutive month in which analysts have raised their oil price forecasts. WTI Crude is $69.83; Brent is $75.08 this morning.
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Source: Reuters.com - By: Sumita Layek - Image: Nick Oxford/File Photo
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Oil starts week with gains in ‘pretty volatile’ market

7/30/2018

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The market has been bouncing between gains and losses in recent weeks, as traders weigh bearish developments including global trade frictions against bullish factors such as geopolitical risk to supply in Iran. WTI Crude is $70.02: Brent is $74.93 this morning.
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Source: MarketWatch.com - By: Christopher Alessi - Image: Getty Images
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As Oil Industry Recovers From a Glut, a Supply Crunch Might Be Looming

7/29/2018

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​The oil industry needs to replace 33 billion barrels of crude every year to satisfy anticipated demand growth. This year, new investments are set to account for an increase of just 20 billion barrels say, analysts. Markets are closed on Sunday.
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Source: The Wall Street Journal - By: Sarah Kent & Georgi Kantchev - Image: Luke Sharrett/Bloomberg News
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Oil prices mixed; Brent still set for weekly gain

7/27/2018

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Saudi Arabia’s decision to temporarily halt all oil shipments through the Bab al-Mandeb Strait brought downward pressure on prices while a big draw in U.S. crude and gasoline stocks last week gave it support, say analysts. WTI Crude is$69.48; Brent is $74.47. ​
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Source: Reuters.com - By: Stephanie Kelly - Image: Darrin Zammit Lupi
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Saudis Suspend Oil Shipments Via Bab el-Mandeb After Attack

7/26/2018

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The U.S. Energy Information Administration says a full closure of Bab el-Mandeb would force tankers sailing from Saudi Arabia, Kuwait, Iraq and the United Arab Emirates around the southern tip of Africa, which would add to transit time and cost. WTI Crude is $69.24; Brent is $74.23.
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Source: Bloomberg.com - By: Javier Blas - Image: Getty Images
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Quotes by TradingView

Redhawk Investment Group, LLC offers direct and alternative  oil and gas investment opportunities that  enable investors to participate in the potential cash flow and the unique tax benefits associated with oil and gas investments. There are significant risks associated with investing in oil and gas offerings. The information contained in this website is for informational purposes only and is not a solicitation to buy or sell any securities. Information on this site is not intended to be used as investment or tax advice. Consult your investment advisor or tax advisor concerning the current tax laws and effects on your personal tax situation.​

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  • Home
  • About
    • Our Leadership
    • Our Investors
  • Offerings
    • Current Offerings
    • Closed Offerings >
      • Redhawk Resources - Fund I, LP
      • Redhawk Resources - Fund II, LP
      • Redhawk Resources - Fund III, LP
      • Redhawk Minerals Fund I, LP
  • News
  • Video Library
  • Contact