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Norway to Reduce Oil Production from June to December
2020-04-29 23:00:00| OGI
Norway, Western Europe's largest oil producer, will slash its output from June to December of 2020, the first time in 18 years it has joined other major producers to shore up prices.
Tags: to
december
june
production
Oil Posts Double-digit Gains after US Crude Storage Build Slows
2020-04-29 21:30:00| OGI
U.S. WTI crude futures settled at $15.06/bbl, jumping $2.72, or 22%. Brent crude futures settled at $22.54/bbl, up $2.08, or 10.2%.
On the Market Oil and Gas Quicklist (Week of April 29, 2020)
2020-04-29 18:00:00| OGI
Heres a quicklist of oil and gas assets on the market including a Permian Basin asset in Martin County, Texas, and producing D-J Basin minerals in Colorados Weld County.
Analysts Forecast Rise In US Oil Shut-ins
2020-04-29 15:43:55| OGI
Analysts at Rystad Energy said April 28 at least 300,000 barrels per day (bbl/d) of U.S. oil production will be shut during May and June with low oil prices likely to force more production offline.
Tags: oil
rise
forecast
analysts
Want an Oil Price Recovery? Hit the Road
2020-04-29 15:00:00| OGI
When commuters return in force, so will the economy, experts say. When that happens, however, is unclear.
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