Petroleum Exporting Countries World Oil Outlook News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Providing coverage of Alaska and northern Canada s oil and gas industry
ANS charts steady course
Steve Sutherlin
Petroleum News
Alaska North Slope crude slid 23 cents Jan. 27 to close at $55.53 per barrel. West Texas Intermediate rose 24 cents to close at $52.85, and Brent lost 10 cents to close at $55.81.
The major indexes remained steady, closing near the prices seen a week prior, despite fears early in the week about new COVID-19 breakouts in China, and reports that the Chinese government is dissuading its citizens from traveling over the Lunar New Year holiday which is traditionally a high travel period. The traditional festivities last over 15 days, and most Chinese people will get seven days off from work from Feb. 11 to Feb. 17. ....

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