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Whiting Petroleum is just the ‘first domino’ to fall in US shale wipeout, strategist says
on April 2, 2020 at 1:46 pm
The sector faces what may well be a bloodbath as companies slash spending and jobs, with crude prices roughly half that of many companies’ production costs.
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COP26 climate change conference postponed until 2021 due to coronavirus
on April 2, 2020 at 11:22 am
It is now hoped that the summit will take place next year.
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Saudi Arabia’s big oil gamble will hurt the kingdom — but it’ll likely pay off
on April 2, 2020 at 9:45 am
The International Energy Agency expects global oil demand to contract by a stunning 20% this year.
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Oil rallies as Trump talks up truce hopes for Saudi-Russia price war
on April 2, 2020 at 8:32 am
Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war.
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GOP senator calls on Saudis to end their oil price war, says ‘Americans died’ protecting the kingdom
on April 1, 2020 at 8:03 pm
“The Saudis have really brought in a supply shock at exactly the wrong time,” Alaska Sen. Dan Sullivan said Wednesday.