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Tag: oil
Will Stock Market Shock Lead To An Oil Industry Shakeout?
2020-03-09 20:24:44| OGI
Oil and gas stocks lead the markets plunge, with debt-ridden companies struggling with a commodities crash as well.
Tags: market
stock
industry
lead
Midstream Oil & Gas Outlook Leaves Bitter Taste
2020-03-09 17:00:00| OGI
Weak prices, overproduction, uncertainty over COVID-19s impact on the markets and the global economy its a lot of bad news to digest.
Diamondback Cuts Drilling Activity As Oil Prices Tumble
2020-03-09 13:56:18| OGI
Diamondback expects to drop two rigs in April and a third later in the second quarter. The company will also cut completion crews to six from nine.
Tags: prices
activity
oil
cuts
IEA: Global Oil Demand Set For First Contraction Since 2009
2020-03-09 13:45:00| OGI
The downward revision came as oil prices dropped as much as third in their biggest one-day fall since the 1991 Gulf War.
Crazy Saudi Oil Price Cuts Seen Reigniting Market Share War
2020-03-09 10:20:00| OGI
The world's top producers including Saudi Arabia, Russia and other Middle East producers were last locked in a market share war between 2014 and 2016.
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