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By Tsvetana Paraskova – Aug 22, 2025, 6:01 AM CDT Brent Crude oil prices are set to stay in the near term at the upper end of the current trading range between $60 and $70 per barrel as the market remains tight during the peak summer demand season, according to investment bank UBS. “We expect global oil demand to peak for the year in August and modestly decline over the coming months,” Giovanni[…]
Okmin Resources, Inc. (OTCQB:OKMN) ENCINO, CA, UNITED STATES, August 21, 2025 /EINPresswire.com/ — Okmin Resources, Inc. (“Okmin” or the “Company”) (OTCQB: OKMN) today announced it has entered into an agreement with Blackrock Energy, LLC to exchange its 50% working interest in the oil and gas leases known as the Blackrock Joint Venture for $25,000 cash and an additional 45% interest in the Pushmataha Gas Field. The additional interest in Pushmataha[…]
Encino, California, November 18, 2024 – Okmin Resources, Inc. (“Okmin” and the “Company”) (OTCQB: OKMN), today announced that it has entered into an agreement to exchange its 50% working interest at the West Sheppard Pool project in Okmulgee County Oklahoma into a 10% Overriding Royalty Interest. The Company has assigned its 50% interest in the West Sheppard Pool project to Sheppard Pool Operating, LLC, the operator of the project. After Sheppard[…]
Dr. John N. O’Brien brings expertise in both conventional energy and renewable energy technologies Encino, California -TheNewswire -October 19, 2023 -Okmin Resources, Inc. (“Okmin” and the “Company”) (OTC:OKMN), a company engaged in the business of acquiring, exploring and developing natural resource assets, today announced that it has established an Advisory Board to include seasoned professionals and industry experts to assist in the development of the Company and that it has appointed Dr. John N. O’Brien[…]
OKMULGEE, OKLAHOMA, USA, June 30, 2023/EINPresswire.com/ — Okmin Resources, Inc. (“Okmin or the “Company”) (OTCQB: OKMN) today announced that its wholly owned subsidiary, Okmin Energy LLC, along with its partner Blackrock Energy, LLC (“Blackrock”), have entered into a strategic gas gathering agreement over the West Sheppard Pool project together with the owners of the adjacent East Sheppard Pool project (East and West Sheppard Pool hereinafter referred to as “Sheppard Pool”).[…]
U.S. gas prices hit at a 14-year seasonal high as the country battles persistent high temperatures and resultant soaring cooling demand for gas. That’s what Rystad Energy Analyst Karolina Siemieniuk highlighted in a market note sent to Rigzone late Tuesday, which outlined that Henry Hub gas prices rose to $8.99 per MMBtu on July 26, before falling to $8.283 per MMBtu on August 1. At the time of writing, Henry[…]
OKLAHOMA CITY, OKLAHOMA, UNITED STATES, June 10, 2022 /EINPresswire.com/ — Okmin Resources, Inc. (“Okmin or the “Company”) is pleased to announce that its wholly owned subsidiary, Okmin Energy LLC, has entered into a joint venture agreement to acquire a 50% working interest in five oil and gas leases located in Okmulgee County, an area where the Company has existing operations. The leases are being acquired together with Blackrock Energy LLC[…]
Crude oil prices were on the rise on Thursday morning as Russia engaged in a “special military operation” in Ukraine. The price of Brent crude oil is now well over $100 per barrel for the first time since July 2014. The price of Brent crude reached $104.99 per barrel – up $8.15 (+8.42%) on the day. The price of WTI crude oil had reached $100 before falling back to 99.52 up $7.42 per barrel[…]
Oil at $100 a barrel was considered inevitable not too long ago, as Wall Street strategists predicted a commodities supercycle. And it still remains in play, even with the omicron variant raging and Covid cases rising. Goldman Sachs said $100 oil is a possibility in 2023 thanks to record demand. The firm believes omicron fears are overdone as governments combat the new variant with more testing than lockdowns. Today’s Chart[…]
Next year could lay the foundation for “a far more vibrant economic environment” and COVID transitioning from a pandemic to an endemic disease, JP Morgan said in its Outlook 2022, titled ‘Preparing for a vibrant cycle.’ According to the investment bank, household net worth is at all-time highs in many developed countries, and excess savings are elevated. Consumption will likely be strong for years amid strong labor market conditions and[…]