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US Oil Production Decline in 2020 to Be Steeper Than Previously Expected

2020-06-09 19:00:00| OGI

"Initial data show the global oil market rebalancing faster than EIA previously forecast," EIA Administrator Linda Capuano said in a statement.

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IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

2020-05-22 10:56:13| Green Car Congress

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IHS Markit: global oil production now expected to be cut by as much as 17 MMb/d in Q2 2020; the Great Shut-In

2020-05-09 11:56:11| Green Car Congress

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Data Show Pemex Increased Oil Production, Refining in March

2020-05-06 15:10:50| OGI

Mexico agreed to a 100,000-bbl/d output cut as part of an initiative by the OPEC+ group to push up plummeting oil prices by withdrawing barrels from an oversupplied market. The cuts will be put in place this month.

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Texas Energy Regulator Drops Plan for Oil Production Cuts

2020-05-04 18:05:00| OGI

Texas regulators on May 5 are scheduled to consider cutting oil production, but Texas Railroad Commissioner Ryan Sitton said there are not enough votes to pass the measure.

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