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Canadian Natural Resources To Temporarily Shut In Oil Production Due To Wildfires

2019-06-01 19:15:45| OGI

Oil and gas producer Canadian Natural Resources Ltd. said on Friday it would temporarily shut-in about 65,000 barrels per day (bbl/d) of crude oil production due to forest fires in Alberta.

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EIA: US Crude Oil Production Rises To Near Record High In March

2019-05-31 18:45:45| OGI

Meanwhile, crude output in Texas, the biggest oil-producing state, meanwhile, eased 0.1% to 4.873 million barrels per day, according to a report by the U.S. Energy Information Administration.

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Trumps Sanctions Hit OPEC Oil Production Despite Saudi Boost

2019-05-31 14:45:14| OGI

A survey by Reuters shows OPEC pumped 30.17 million bbl/d in May, down 60,000 bbl/d from April and the lowest total for the 14-member group since 2015.

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Devon Energy Beats Profit Estimates; Raises US Oil Production Forecast

2019-04-30 22:30:28| OGI

Devon Energy raised its full-year U.S. oil production forecast after posting a better-than-expected quarterly profit on the back higher output, especially in the Delaware Basin within the Permian.

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US Crude Oil Production Declines For First Time In Nine Months

2019-04-30 20:15:02| OGI

The production decline of crude oil was the first monthly slip since May 2018, according to data from the U.S. Energy Information Administration.

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