Page 20 - மராத்தான் பெட்ரோலியம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil prices have been ticking upwards after OPEC+ reached an agreement on Sunday that will see the group start adding 400,000 bpd production each month from August. Goldman Sachs says the agreement is modestly bullish and has forecast that Brent will hit $80 per barrel this summer. Piper Sandler says that whereas the backdrop of tighter monetary policy, the trajectory of the economic recovery, and the sustainability of inflation are likely to create some volatility curveballs, they will not be enough to derail the secular bull market. Meanwhile, the fossil fuel sector is enjoying a rare blowout season: Over the past few earnings seasons, the majority of companies in the energy sector have comfortably beat Wall Street s expectations

United statesAlex kimaniPiper sandlerDiamondback energyMaster limited partnershipsGoldman sachsMarathon petroleum corpDistrict courtKinder morgan incWilliams companies incEnbridge incPlains all american pipelinePlains gp holdingsMagellan midstream partnersUs army corps of engineersWall street