Permico Royalties

01/17/2024

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Sees-Strong-Oil-Demand-Growth-in-2025.html

OPEC expects global economic growth to return, boosting oil demand growth in 2025.

03/03/2022

https://www.bloomberg.com/news/articles/2022-03-03/jpmorgan-says-185-oil-in-view-if-russian-supply-hit-persists?srnd=premium

Brent crude could end the year at $185 a barrel if Russian supply continues to be disrupted, JPMorgan Chase & Co. wrote in a note Thursday.

03/02/2022

https://www.cnbc.com/2022/03/02/us-oil-jumps-to-highest-since-2013-tops-109-a-barrel.html

Oil prices continued their march higher, rising to the highest since 2011amid shortage fears as Russia's war on Ukraine intensifies.

09/16/2020

https://oilprice.com/Energy/Oil-Prices/Citi-Bank-Sees-60-Oil-In-2021.html

"Goldman Sachs expects Brent Crude to reach $65 a barrel in the third quarter of 2021, although it could end the year lower, at $58 a barrel.

Goldman Sachs also expected West Texas Intermediate to rally to $55.88 a barrel by the third quarter of next year, up from $51.38 a barrel in earlier forecasts, Business Insider reports."

Oil prices are set to rise to $60 a barrel by the end of next year as the oversupply will have been drawn down by then

08/24/2020

https://oilprice.com/Energy/Oil-Prices/Oil-Rallies-As-Twin-Storms-Force-Shut-Ins-In-Gulf-Of-Mexico.html

"Oil and gas companies active in the Gulf of Mexico have shut in almost 58 percent of oil production on Monday as two tropical storms threaten operations"

08/11/2020

https://oilprice.com/Energy/Energy-General/Oil-Prices-Rally-On-COVID-Optimism.html

Oil markets reacted bullishly to news that COVID transmissions are tapering off in the U.S., with analysts hopeful that demand will start to recover towards the end of the year

07/13/2020

https://www.marketwatch.com/story/were-in-for-a-partial-v--shaped-economic-recovery-goldman-sachs-analysts-argue-2020-07-13

While there’s certainly a lot to be worried about in the corona-crisis economy, Goldman Sachs economists see a brighter picture than some analysts do.

07/06/2020

https://www.cnbc.com/2020/07/03/oil-markets-coronavirus-fuel-demand-in-focus.html

Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world's largest oil consumer, dimmed the prospects of fuel demand recovery.

06/30/2020

https://www.cnbc.com/2020/06/30/goldman-sachs-says-a-national-mask-mandate-could-slash-infections-and-save-economy-from-a-5percent-hit.html

A face mask mandate would not only cut the daily growth rate of new cases of Covid-19, but could also save the U.S. economy up to 5% in GDP.

06/17/2020

Oil industry taking lessons from the past:

Is the sun setting on petroleum? A new era is here and with it is the opportunity for oil and gas to drive the energy transition.