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US Oil Rig Count Drops For Second Consecutive Week
2019-07-12 19:11:09| OGI
U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year.
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Oil price drops amid fears over demand
2018-11-13 22:12:38| BBC News | Business | UK Edition
The latest falls come after oil cartel Opec reduces its forecast for global oil demand next year.
Oil price drops to three-month low on oversupply fears
2016-07-25 21:59:13| BBC News | Business | UK Edition
Oil prices have fallen to a three-month low, hit by rising concerns that a global oversupply of both crude and natural gas will dampen prices.
Kuwait Crude Output Drops 60% as Oil Workers Strike Over Pay
2016-04-18 05:44:11| Energy - Topix.net
Kuwait's crude production tumbled by 60 percent and its refineries scaled back operations as the state oil company took emergency measures to cope with the first day of an open-ended labor strike. The OPEC member's production dropped to 1.1 million barrels a day, Saad Al-Azmi, deputy chief executive for finance and spokesman at Kuwait Oil Co., said in posts on Instagram and Twitter on Sunday when workers walked off the job.
Kuwait Crude Output Drops 60% as Oil Workers Strike Over Pay
2016-04-17 22:42:33| Oil & Gas - Topix.net
Kuwait's crude production tumbled by 60 percent and its refineries scaled back operations as the state oil company took emergency measures to cope with the first day of an open-ended labor strike. The OPEC member's production dropped to 1.1 million barrels a day, Saad Al-Azmi, deputy chief executive for finance and spokesman at Kuwait Oil Co., said in posts on Instagram and Twitter on Sunday when workers walked off the job.
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