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US Shale Producers Begin Restoring Output as Oil Prices Turn Higher

2020-06-02 20:50:49| OGI

Parsley Energy plans to restore all of the 26,000 bbl/d it cut earlier this year and an EOG Resources executive told investors it would reopen shuttered wells and add new ones in the second half of the year.

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Oil Prices on Track for Two-month High as Lockdowns Ease

2020-05-18 22:00:00| OGI

Oil prices were also supported by production cuts by OPEC and its allies, including Russia, a group known as OPEC+.

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Oil Prices Have Plummeted. Houston Office Landlords Are Bracing for a Long-Lasting Fallout.

2020-04-30 16:48:00| National Real Estate Investor

The next year will likely flood oil markets like Houston and New Orleans with office sublet space. But some investors may benefit.

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Oil Prices Rally on Acceleration of Production Cuts from OPEC Nations

2020-04-23 20:45:00| OGI

Oil prices soared on April 23, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand.

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US oil prices drop to 21-year low as demand dries up

2020-04-20 06:14:14| BBC News | Business | UK Edition

Coronavirus downturn has put major pressure on oil prices with demand slumping and storage running out.

Tags: up low prices oil

 

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