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Tag: oil price
Oil Price Structure Signals Global Market Recovery
2020-06-19 22:00:00| OGI
The new oil price structure marks a turnaround from earlier when the coronavirus outbreak had pushed oil prices into the opposite structure, when prompt prices fell below forward prices, known as contango.
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CEO of Top US Shale Producer Sees Oil Price Recovery Continuing
2020-05-07 19:30:00| OGI
Even when U.S. benchmark prices return to $45/bbl, "very few" U.S. producers would be able to afford to expand production because of high debt levels, Pioneer Natural Resources CEO Scott Sheffield says.
$42/Bbl Crude Oil Price in a Month? Heres How it Could Happen
2020-05-07 15:54:22| OGI
After dipping into negative territory for the first time ever in April, crude oil prices could be headed toward $42/bbl.
What the Oil Price Crash Means for Decarbonization
2020-05-07 13:00:00| OGI
Companies expect to continue efforts toward carbon capture and storage amid low prices.
MPLX Abandons Permian Basin NGL Pipeline Plans amid Oil Price Rout
2020-05-05 22:00:00| OGI
MPLX LP said May 5 it is no longer pursuing a Permian Basin to Gulf Coast NGL pipeline, called BANGL, after a collapse in oil prices.
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