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Tag: oil
Iraq Oil Minister Urges OPEC, Non-OPEC Emergency Meeting
2020-03-18 10:10:00| OGI
In a letter seen by Reuters, Iraq's oil minister asked OPEC Secretary-General Mohammad Barkindo to help "urgently achieve" extraordinary meetings of the OPEC+ group.
Tags: meeting
oil
iraq
emergency
New Financings: High-yield Hopes Quashed For Oil And Gas
2020-03-17 23:00:00| OGI
The debt market door remains open for higher-rated issuers, but it slammed shut for lower-rated names, as WTI prices fell after ending 2019 north of $60/bbl.
Tags: gas
oil
hopes
financings
Report: Oil Market Collapse Could Lop 20% Off Exploration Budgets In Brazil
2020-03-17 21:45:16| OGI
Before oil prices collapsed in the wake of failed OPEC talks earlier this month, Wood Mackenzie had forecast that some $3 billion would be invested in exploration in Brazil.
Oil Plunge Sets Off Search For Tanks, Revives Dormant Cushing Storage Trade
2020-03-17 15:31:02| OGI
Analysts estimate the global glut of crude could reach 1 billion barrels.
Tags: search
trade
sets
storage
IEA, OPEC: Developing Nations May Lose Up To 85% Of Oil, Gas Income This Year
2020-03-17 14:18:29| OGI
This is likely to have major social and economic consequences, notably for public sector spending in vital areas like healthcare and education, the statement from IEA director Fatih Birol and OPEC secretary-general Mohammad Barkindo said.
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