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Tag: cuts
Brent Crude Nears $60 as OPEC+ Cuts Tighten Oil Market
2021-02-05 22:00:00| OGI
The oil market is on a bull run, despite renewed lockdowns in Europe and Asia to curb second and third waves of the virus.
Asset Manager BlackRock Cuts Stake in Occidental Petroleum
2021-02-05 17:08:34| OGI
The firm has urged companies to prepare their businesses to live in a low-carbon environment by the middle of this century.
Tags: manager
asset
cuts
petroleum
Russias Oil Heartland Poised for Rebound after Output Cuts
2021-01-26 15:04:35| OGI
Oil output in the region may see output rebounding to 215 million tonnes in 2021, said Sergei Filatov, head of subsoil management and natural resources at Khanty-Mansiisk (Yugra).
Tags: oil
output
cuts
heartland
IEA Cuts Oil Demand Outlook Due to COVID-19 Resurgence
2021-01-19 17:05:00| OGI
The emergence of new strains of the virus, renewed lockdowns in China and logistical hurdles facing vaccine roll-outs contributed to the gloomier oil demand outlook by the IEA.
Halliburton Profit Beats Estimates on Cost Cuts, Demand Recovery
2021-01-19 15:51:06| OGI
Halliburton Co. posted a better-than-expected fourth-quarter profit on Jan. 19, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last years industry slump.
Tags: cost
demand
profit
recovery
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