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Oklahoma Producers On Shaky Ground As Oil Price War Hits

2020-03-20 13:54:15| OGI

It costs about $48.19 a barrel to produce oil in Oklahomas SCOOP and STACK shale plays, the highest in the United States, according to a Deutsche Bank analysis.

Tags: price war ground hits

 

US Oil Price Reverses Losses, Posts Largest One-day Gain On Record

2020-03-19 22:45:00| OGI

Analysts saw the rebound as a brief reprieve, anticipating additional weakness as the coronavirus outbreak takes its toll on global oil demand.

Tags: price posts record largest

 
 

Trump Says He Will Enter Saudi-Russia Oil Dispute At Appropriate Time

2020-03-19 21:25:09| OGI

The Trump administration is considering a diplomatic push to get Saudi Arabia to close its taps and using the threat of sanctions on Russia to force them to reduce output, the Wall Street Journal reported.

Tags: time enter oil dispute

 

Oil Price Plunge To Crush E&Ps Free Cash Flow Goals

2020-03-19 20:00:00| OGI

Research firm Rystad Energy also predicts the impact of the coronavirus outbreak on global oil markets to worsen as world economies continue to lockdown.

Tags: free price cash flow

 

Senators Boost Pressure On Saudi, Russia Over Oil Market Share War

2020-03-19 15:56:24| OGI

President urged to embargo oil from OPEC and Russia.

Tags: share war market pressure

 

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