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WTI Plunges 27%, Brent Crude Oil Below $20 a Barrel

2020-04-27 19:30:00| OGI

Even as governments worldwide are taking tentative steps towards reducing restriction on movement to help economies rebound, oil demand remains weak.

Tags: a oil crude brent

 

How the US Could Use Taxpayer Dollars to Save Oil and Energy Companies

2020-04-27 16:17:16| OGI

About half of the top 60 independents could face bankruptcy this year.

Tags: save companies energy oil

 
 

Will US Shale Oil Rise Again?

2020-04-27 15:00:00| OGI

President Donald Trumps efforts to end a price war backfired leaving the U.S. oil industry on its knees.

Tags: oil rise shale

 

Mexican Oil Platforms Start Reducing Staff Due to Coronavirus

2020-04-27 14:58:47| OGI

Pemex said in a statement that workers had started coming off the rigs as Mexico implements stricter measures to combat the coronavirus since entering the highest phase of a public health alert April 21.

Tags: start due staff oil

 

Executive Q&A: Canary CEO Dan Eberhart On Demand Loss, Oil Prorations

2020-04-27 11:30:00| OGI

First of all, I would say its heavy. We are really looking to try and rationalize the company and push expenses down where possible, Canary CEO Dan Eberhart said of his companys strategy of managing the deep dive in demand.

Tags: dan loss executive oil

 

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