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Oil Prices Plunge over 5% as Pandemic Surges, US Crude Output Soars
2020-10-28 21:30:00| OGI
That was the lowest close for Brent crude since June 12 and for WTI since Oct. 2. It was the biggest daily percentage losses for both benchmarks since Sept. 8.
US Energy Secretary: Oil Production Will Not Return Soon to Pre-pandemic Levels
2020-10-28 20:28:47| OGI
U.S. oil output reached around 13 million barrels per day (MMbbl/d) in February before the coronavirus pandemic hit fuel demand.
Tags: return
production
levels
energy
On the Market Oil and Gas Quicklist (Week of Oct. 28, 2020)
2020-10-28 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including Bellatorum Resources Permian Basin royalty asset packages plus operated Oklahoma assets from Kaiser-Francis Oil.
Enterprise Crude Volumes Drop 26.1% on Oil Price Plunge
2020-10-28 15:36:23| OGI
Third-quarter pipeline transport struggled after producers slashed production.
Tags: price
oil
drop
enterprise
Neptune Energy Makes Small Oil Discovery Off Norway
2020-10-28 14:17:41| OGI
The discovery is estimated to hold between 0.5 and 3.2 million cubic meters of recoverable oil equivalents, Norways Petroleum Directorate said in a statement.
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