Magna Resources Management Corporation
Partner Log in

Energy News

This regularly updated section will explore the intricacies of the oil and gas industry from various vantage points. If you would like more specific information about Magna Resources, please Contact Us.


Oil Prices on Track for Highest Finish Since March, Bouyed by Trader Optimism Over the Demand


IEA: Oil Demand Recovery Outpacing Growth in Supply


U.S. Oil Prices Turned Negative a Year Ago Today. Analysts Now See It Rising 20% to Above $75 as Countries Plot a Return to Normality


U.S. House Panel Advances Bill Allowing Antitrust Suits Against OPEC


Oil Prices Rise on Weaker Dollar, Likely Drawndown in U.S. Stocks


Oil Prices Went Negative a Year Ago: Here's What Traders Have Learned Since


Oil Edges Higher With Weaker Doller Amid Mixed Demand Outlook


Oil Prices Gain as Traders Mull Demand Cues, Supply Propsects


Historic Oil Glut Amassed During the Pandemix Has Almost Gone


Oil Prices Hit One-month High as IEA, OPEC Raise Forcasts


U.S. Oil Prices Top $60 a Barrel on Hints of an Uptick in Demand


Robust Chinese Demand Fuels Oil Market Recovery


Crude Oil Rises Above $43 Per Barrel on Improved Demand


$190 oil sounds crazy. But JPMorgan thinks it's possible even after pandemic


Saudi, Russia Reach Deal on Oil Cuts

OPEC, Russia Discuss Extending Oil Cuts for 1-2 Months


Demand Rise, Output Cuts Could Mean Oil Market Balance in June


   Baker Hughes: U.S. rig count falls to lowest on record since 1987


   Oil Continues to Rise With Demand Rebound Lifting Prices


   Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels


CEO of Top US Shale Producer Sees Oil Price Recovery Continuing


North American Oil Producers Cut Output Quicker Than Some Expected


   Oil touches $70 as US-Iran clash sparks concerns over supplies


   Oil Traders See Little in Real World to Justify Slump in Crude


   Oil hits 2019 high on US plan to tighten squeeze on Iran


   The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed


   The U.S. Just Became a Net Oil Exporter for the First Time in 75 Years

   U.S. SHALE OIL INDUSTRY: Catastrophic Failure Ahead


   Deep The Denial

   Opinion: Don't rule out $400 oil if the US sanctions Saudi Arabia


Crude Rises as Mystery of Missing Saudi Critic Strains Alliance


$100 a barrel? Will Iran sanctions and Venezuela crisis bring oil price spike?


    As Oil Industry Recovers From a Glut, a Supply Crunch Might Be Looming


Oil surges above $75 as supply outages outpace OPEC


Crude prices soar as oil stockpiles drop by nearly 10M barrels


   Oil Prices Rise on Tightening Global Market Signs


   Oil Hedge Fund Manager Says $300 Oil ‘Not Impossible’


Private equity poised for oil growth as public companies pull back[idio]=6234859&ito=792&itq=390e8f9e-e450-4044-86ac-f138d55d455e

   Private equity firms becoming longer-term players in the oil patch

   Labor shortages in West Texas getting worse


The oil ghost towns of Texas


In world's hottest oil patch, jitters mount that a bust is near




New Oil: The Giddings Gamble


OPEC Looks Totally Bewildered By The Oil Market

U.S. shale firms more exposed to falling oil prices as hedges expire


Big Oil revels in Trump victory, expects less red tape


Oil rises as OPEC promises a production cut is in the cards

Oil price down cycle 'nearing end': Saudi minister

Oil discoveries at 70-year low signal supply shortfall ahead

Saudi Arabia keeps BHP's shale oil in the ground...for now: Column

   $60 Is the New $50 for U.S. Oil Drillers Waiting for Rebound

How OPEC lost its iron grip on oil prices

Nymex Crude Settles Above $50 for First Time Since July


Oil Prices Rise as Global Outages Curb Supply


Tom Ward: The 'dirty little secret' about $50 oil


Oil Markets Balancing Much Faster Than Thought


Oil at $45 a Barrel Proving No Savior as Bankruptcies Pile Up


Oil Price Spike Is Not As Far Away As Many Think

How most boring CEO in the business lucked into biggest oil patch

The future price of oil? Nobody has a clue


Oil rout over, OPEC aims for $50 anchor, says PIRA's Ross


Oil at 2016 high above $40 per barrel after producer price support talk


Oil nears $40 as bets on rising prices hit record highs


Oil prices expected to recover to around $70 by 2020


Norway taps its oil fund for the first time


Specter of $20 Oil Recedes as Speculators Flee Bearish Bets


Sorry, OPEC: U.S. oil production at 43-year high


Oil up on Saudi Support, China; Poll Shows Less OPEC Output


US shale oil drillers are finally buckling


Saudi Oil Minister Surprises OPEC


Not even OPEC saw oil crash coming


Dow closes up 228 points as oil surges 6 percent


Oil back above $30 as traders mull potential output freeze


There's one place where OPEC can't broker an oil deal: Texas


Riyadh tells US Shale to slash costs or go bust...


Oil prices trim gains as Saudi Arabia, Russia agree to output freeze


OPEC pleads for Russian alliance to smash oil speculators


Saudis 'will not destroy the U.S. shale industry'


$30 oil is 'irrational' and a rebound is 'inevitble,' according to Saudi Arabia


War of words breaks out among OPEC members


Half of US shale drillers may go bankrupt: Oppenheimer's Gheit


Pain to gain: Crude prices to triple?


U.S. eyes Saudi-Iran feud for impact on oil


Boone Pickens to Cramer: Oil is close to bottoming


Shale’s running out of survival tricks as OPEC ramps up pressure


China Has Something to Tell OPEC: Oil Prices Have Fallen Too Far