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OPEC Oil Output Hits Four-Year Low In April On Iran, Venezuela

2019-05-01 14:45:38| OGI

OPEC oil output hit a four-year low in April due to further involuntary declines in sanctions-hit Iran and Venezuela and output restraint by top exporter Saudi Arabia.

Tags: april low hits oil

 

Managing The Oil Price Cycle

2019-05-01 14:00:00| OGI

Which E&P model fares better through the cycles: pure plays or diversifeds in more than one play?

Tags: price oil managing cycle

 
 

How Russia Contaminated $2.7 Billion Of Oil Exports To Europe

2019-05-01 12:46:46| OGI

The disruption sent oil to a six-month high above $75 a barrel, tarnished Russia's reputation as an exporter at a time of rising competition with U.S. oil sales and triggered a Russian probe into whether the pipeline had been sabotaged.

Tags: to europe oil russia

 

Devon Energy Beats Profit Estimates; Raises US Oil Production Forecast

2019-04-30 22:30:28| OGI

Devon Energy raised its full-year U.S. oil production forecast after posting a better-than-expected quarterly profit on the back higher output, especially in the Delaware Basin within the Permian.

Tags: production energy oil profit

 

US Crude Oil Production Declines For First Time In Nine Months

2019-04-30 20:15:02| OGI

The production decline of crude oil was the first monthly slip since May 2018, according to data from the U.S. Energy Information Administration.

Tags: time months production oil

 

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