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Oil plunges 10% after Opec deal collapses

2020-03-06 22:48:59| BBC News | Business | UK Edition

Russia declined to join a plan to reduce oil output.

Tags: deal oil collapses opec

 

Whiting Petroleum Shares Plunges To Record Low On Production Forecast

2020-02-28 00:30:00| OGI

Shares of Whiting Petroleum have lost nearly 75% of their value this year amid weak oil prices and rising investor concerns over the company's ability to meet its debt maturities.

Tags: low record production shares

 
 

Marathon Profit Plunges As Weak Prices Offset Higher Shale Output

2019-11-07 11:49:12| OGI

Marathon Oil Corp. reported a 44.5% fall in quarterly adjusted profit on Wednesday, as weak crude and gas prices limited gains from higher output in its U.S. shale basins.

Tags: prices higher output profit

 

Continental Resources Profit Plunges On Weak Prices

2019-10-31 10:20:00| OGI

Continental Resources' total production rose 12% to 332,315 barrels of oil equivalent per day, primarily boosted by higher output at its Bakken shale basin.

Tags: resources prices profit weak

 

Alcohol consumption plunges in Russia - WHO study

2019-10-01 16:14:00| Daily beverage news and comment - from just-drinks.com

Alcohol consumption in Russia has fallen by more than 40% in the 13 years to 2016, a report from the World Health Organisation (WHO) has said.

Tags: who study russia alcohol

 

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