All posts tagged "Oil Price"

• 

  673

  National

  Don’t Worry Oil, China Will Save You

  By: Kenneth Rapoza – Forbes – Sorry, Greta. Sorry, Extinction Rebellion. We haven’t seen the end of the oil industry yet. The...

• 

  843

  Oil & Gas News

  Oil prices collapse to historic lows, as West Texas crude futures drop to negative $37.63

  Bloomberg Wire – Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more...

• 

  692

  Exploration

  Chaos and scrambling in the U.S. oil patch as prices plummet

  NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...

• 

  1.1K

  Exploration

  Texas shale producers ask state to cut oil output as demand plummets during coronavirus pandemic

  Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...

• 

  912

  Exploration

  Oil falls as sinking demand outweighs stimulus hopes

  Reuters – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand...

• 

  583

  Investing

  Oil prices give back early gains to turn negative

  Reuters – Oil prices gave back early gains to turn negative on Friday, even as the world’s richest nations poured unprecedented aid into...

• 

  792

  Investing

  Oil prices could hit teens in coming weeks as markets crater over coronavirus and price war

  Oil could fall below $20 a barrel and “stock markets could easily shed another 30-40% of their values,” one analyst said. The...

• 

  637

  Exploration

  Oil drops as much as 8%, on pace for worst week in more than a decade

  CNBC – Oil dropped as much as 8% on Thursday as crude continues to take a hit on both the supply and...

• 

  1.2K

  Exploration

  Houston energy employees are about to miss out

  Erin Douglas – Houston Chronicle: Texas’ energy sector is slowing down. Energy companies’ profits profits plunged last quarter, prices for crude are stuck in...

• 

  909

  Production

  US crude posts its best quarter since 2009, jumping 32 percent year to date

  U.S. crude rose 30 percent in the first three months of the year. Oil prices draw support in 2019 from efforts by...