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Saudi, Trump Jawboning Suggests $75 Top For Oil Market

2019-08-14 17:01:06| OGI

When the price rises too high, Trump pushes OPEC to bring them lower.

Tags: top market oil suggests

 

SeekOps, Impossible Aerospace Combine Technology Solutions For Oil, Gas Sector

2019-08-14 14:54:36| OGI

SeekOps Inc., a gas sensor manufacturer and service provider, said Aug. 12 it will integrate its proprietary SeekIR gas sensors with the newly developed US-1 Unmanned Aerial System (UAS).

Tags: technology solutions gas oil

 
 

US Shale Oil Output To Rise To Record Level In September

2019-08-12 21:46:14| OGI

The largest change is expected in the Permian Basin of Texas and New Mexico, where output is seen climbing 75,000 bbl/dd to 4.42 million bbl/d in September, also an all-time high.

Tags: september level record oil

 

What's Affecting Oil Prices This Week (August 12, 2019)?

2019-08-12 18:40:56| OGI

Brent and WTI both fell sharply last week. Brent fell $5.02/bbl to average $58.18/bbl, breaking the psychological $60/bbl barrier.

Tags: august week prices oil

 

CNPC Starts To Drill First Shale Oil Well In Sichuan

2019-08-12 15:07:48| OGI

Sinopec and CNPC are speeding up drilling and exploration from major tight and shale oil and gas formations in western China to boost domestic output.

Tags: well oil starts drill

 

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