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Devon, Apache, Murphy Oil Join Growing Number Of Producers Slashing Budgets
2020-03-12 21:00:00| OGI
North American oil and gas producers have slashed their capital spending by about 30% on average after crude prices crashed earlier this week, according to data compiled by Reuters.
Frac Spread: Oil Fight Hits NGL Prices Hard
2020-03-12 16:28:09| OGI
Hypothetical barrel tumbles to four-year low with tightly squeezed margins.
Oil Falls More Than 5% After Trump Surprises With Travel Ban
2020-03-12 16:05:36| OGI
Flood of oil resulting from the Saudi-Russian conflict compounds the slump.
Booking Frenzy Sends Oil Tanker Rates Soaring As OPEC Opens Crude Taps
2020-03-12 15:37:53| OGI
Freight charges from the Middle East to China doubled overnight.
Oil Shock Threatens To Take Wind Out Of Sails For Renewables Shift
2020-03-11 20:00:00| OGI
The plunging oil price is likely to put pressure on energy transition efforts to switch to renewables.
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