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Oil Prices Dive Below $40, Hit Lowest Since June
2020-09-08 19:15:00| OGI
Oil futures tumbled on Sept. 8, with Brent dropping below $40/bbl for the first time since June and U.S. crude off more than 8%, after Saudi Arabia cut its October selling prices amid a flare-up of coronavirus cases around the world.
Whats Affecting Oil Prices This Week? (Sept. 8, 2020)
2020-09-08 18:30:00| OGI
Bears will get support from U.S. crude oil productiontwo years lost in this sector.
Equinor to Replace Deficient Wells at Norway Oil, Gas Field
2020-09-08 16:42:52| OGI
Up to three new wells will be drilled at a cost of around 2 billion Norwegian crowns ($222 million), Equinor said.
Russia to Build Up Half-Finished Oil Wells to Regain Market Share
2020-09-08 15:56:23| OGI
DUCs are primed to operate when the OPEC+ deal expires, Russias energy minister says.
Total Resigns as Operator of Brazil Offshore Oil Project
2020-09-08 15:05:00| OGI
Some geologists have said the area offshore Brazil may contain as many as 14 billion barrels of petroleum, more than the entire proven reserves of Mexico. However, environmentalists have tried to prevent oil exploration in the area.
Tags: total
project
oil
brazil
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