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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.
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.
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.
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.
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.