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US Oil Drillers Cut Rigs For First Time In Three Weeks

2019-04-18 20:40:28| OGI

The rig count fell for the past four months and production growth in the Permian Basin and other key shale basins have slowed as oil prices fell and many independent shale companies cut spending.

Tags: time three weeks cut

 

Norway's $1 trillion fund to cut oil and gas investments

2019-03-08 13:10:35| BBC News | Business | UK Edition

The world's largest sovereign wealth fund has $37bn invested in oil firms such as BP and Shell.

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Oil prices touch 26-month high over Turkeys warn to cut crude supplies

2017-09-26 01:00:00| Offshore Technology

The international benchmark of oil prices Brent crude has increased to a 26-month peak after Turkey threatened to cut supplies from the Kurdistan region in Iraq to the outside world.

Tags: high prices supplies cut

 

Oil prices remain stable as OPEC output cut balances rise in US production

2017-02-07 01:00:00| Offshore Technology

Oil prices remained stable as lower crude production from OPEC countries balanced the increase in US shale production.

Tags: us prices production cut

 

Saudi Arabia asks Opec to cut world oil supply

2016-11-30 01:17:48| BBC News | Business | UK Edition

Opec could cut crude oil output by a million barrels a day, if Saudi Arabia gets its way this week.

Tags: world supply cut oil

 

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