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Oil Ends March with Biggest Monthly, Quarterly Losses Ever

2020-04-01 00:00:00| OGI

Crude oil prices ended a volatile quarter with their biggest losses in history, as both U.S. and Brent futures were hammered throughout March.

Tags: march monthly oil ends

 

Texas Oil Industry Launches Alliance to Tackle Flaring, Emissions

2020-03-31 22:00:34| OGI

Known as the Texas Methane and Flaring Coalition, the new group will collectively identify and promote operational and environmental recommended practices to minimize flaring and methane emissions.

Tags: industry texas oil alliance

 
 

Shell Expects Up to $800 Million Write-down after Oil Crash

2020-03-31 20:00:00| OGI

Shell said it expects significant uncertainty over oil and gas prices and demand as consumption falls due to COVID-19 lockdowns across the globe.

Tags: million oil shell crash

 

Analyst: Shale Service Providers to Bear Brunt of Oil Market Crash

2020-03-31 18:00:00| OGI

The U.S. shale market will carry the biggest burden of budget cuts in the oilfield service market, says a Rystad Energy analyst.

Tags: service market oil providers

 

US, Russia Agree to Oil Market Talks

2020-03-31 16:18:55| OGI

Trump calls the price war between Russia and Saudi Arabia crazy.

Tags: market agree oil russia

 

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