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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

 

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.

Tags: price share war market

 
 

Innis & Gunn cuts down portfolio in "noisy" US market

2020-03-06 15:53:00| Daily beverage news and comment - from just-drinks.com

Innis & Gunn has trimmed its US portfolio to three beers as the Scottish brewer looks to compete on the country's "cluttered" beer shelf.

Tags: us market portfolio cuts

 

OPECs Deal For Deeper Oil Cuts In Trouble As Russia Resists

2020-03-06 14:45:00| OGI

A high-level Russian source and two OPEC sources told Reuters that Russian Energy Minister Alexander Novak told OPEC that Moscow was only ready to discuss extending existing output cuts.

Tags: deal oil trouble russia

 

John Lewis cuts staff bonuses to lowest in almost 70 years

2020-03-05 09:35:51| BBC News | Business | UK Edition

Bonuses will fall to 2% as the retailer reports a bruising 23% fall in profits.

Tags: years john staff lowest

 

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