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Tag: oil
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.
From Zero to Hero: Physical Oil Rally Might be Short-Lived
2020-05-07 16:30:19| OGI
Production cuts from OPEC and elsewhere are forcing prices up, but full storage will ensure they dont rise too high.
$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.
Hess Posts Quarterly Loss, Deepens Spending Cuts on Virus-fueled Oil Rout
2020-05-07 15:11:17| OGI
U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.
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.
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