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Occidental CEO Vicki Hollub Expects Oil Markets to Rebalance by Year-end 2021
2020-10-14 21:25:00| OGI
U.S. crude oil output will grow modestly next year, Occidental Petroleum CEO Vicki Hollub says.
Asian stock markets tumble after oil prices crash
2020-03-09 04:24:50| BBC News | Business | UK Edition
Volatility remains in stock markets as coronavirus cases rise and oil giants start a supply war.
Tags: stock
prices
oil
markets
Frac Spread: Oil And Gas Markets Brace For Next Impact
2020-02-27 17:52:54| OGI
As COVID-19 spreads, NGL exports are diverted and warnings sting already-weak prices.
Global Oil Markets Adequately Supplied -IEA
2019-04-24 15:30:32| OGI
The agency, which coordinates the energy policies of industrialized nations, said global spare production capacity has risen to 3.3 million barrels per day due to high compliance rate with the agreed supply cuts among the OPEC and its allies.
Tags: global
oil
markets
supplied
Oil Markets
2016-09-30 23:42:14| BBC News | Business | UK Edition
The oil producers' group OPEC agreed a preliminary deal on Wednesday to reduce supply. The decision at a meeting in Algiers marks the first time in eight years that OPEC's members have agreed to cut production, and oil prices rose on the news. But will the deal hold?
Tags: oil
markets
oil markets
markets oil