Oil

Oil Shale
U.S. Shale Production To Drop By Record Amount In April
The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, acco…
Crude Oil
Opec+ Plans to Cut Output by 20mn bpd: Trump
Top global oil producers are considering slashing output by 20mn barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Mond…
Oil&Gas Drilling
OPEC, Non-OPEC Reach Oil Cuts Deal Amid COVID-19
An emergency video conference between OPEC and non-OPEC ministerial partners, chaired by Saudi Arabia, ended on Sunday.
Oil Price
Mexico's Secret Weapon in the Oil Price War
As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge shielding it from …
Oil Price
Non-Opec Members Will Also Need to Cut Output to Balance Oil Price
Not just production cut upfront, they have also decided to cut production all the way to April 2022.
Crude Oil
Mexico to Cut Oil Output by 100,000 Bpd from May: Officials
Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels…
Oil&Gas Drilling
LUKOIL Moves to Next Stage of North Caspian Field Development
Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch …
Oil Price
G-20, OPEC Working to Rebalance Oil Market
Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
Oil Price
India Pitches for Stable Oil Market, Says it Will Remain Growth Engine of World
Amid high volatility in international markets, India, world's third largest oil consumer, on Friday pitched for a stable oil market that provides reasonable p…
Oil & Gas Trade
Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia
Mexico's annual spending on its hedge with Wall Street banks is shown in the chart below.
Oil Shale
Coronacrisis Is Killing Argentina’s Shale Oil Boom
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices.
Oil & Gas Trade
Trump Confirms U.S. Will Help Mexico Out With Production Cuts
U.S. President Donald Trump on Friday confirmed that the United States would “help Mexico along” in achieving the production requests that OPEC+ has asked it …
Oil Price
Trump Threatens “Very Substantial” Tariffs On Oil Imports
The crash was the product of the culmination of a series of unfortunate events, beginning with the spread of COVD-19, which all but shut down the Chinese econom…
Crude Oil
Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut
OPEC said the deal also calls for a 6 million barrel per day cut for 16 months beginning in 2021.
Crude Oil
Oil Refiners May Have to Shut a Few Units
State oil companies have told the government they will have to shut down a few refineries if the nationwide lockdown is extended beyond April 14, people familia…

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Oil

U.S. Shale Production To Drop By Record Amount In April

Opec+ Plans to Cut Output by 20mn bpd: Trump

OPEC, Non-OPEC Reach Oil Cuts Deal Amid COVID-19

Mexico's Secret Weapon in the Oil Price War

Non-Opec Members Will Also Need to Cut Output to Balance Oil Price

Mexico to Cut Oil Output by 100,000 Bpd from May: Officials

LUKOIL Moves to Next Stage of North Caspian Field Development

G-20, OPEC Working to Rebalance Oil Market

India Pitches for Stable Oil Market, Says it Will Remain Growth Engine of World

Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia

Coronacrisis Is Killing Argentina’s Shale Oil Boom

Trump Confirms U.S. Will Help Mexico Out With Production Cuts

Trump Threatens “Very Substantial” Tariffs On Oil Imports

Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut

Oil Refiners May Have to Shut a Few Units