Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Oct 02, 2020, 5:00 PM CDT Suncor Energy is cutting as much as...Continue Reading

Iraq Boosts Oil Exports Despite OPEC+ Pledges | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 02, 2020, 4:30 PM CDT Despite promises to keep in line with the OPEC+...Continue Reading

Oil Industry Begins Ad Campaign In Swing States | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 02, 2020, 2:30 PM CDT A month before the U.S. presidential election, the...Continue Reading

Souring Fundamentals Force Brent Crude Oil Below $40 | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Oct 02, 2020, 2:00 PM CDT Both the President and First Lady of the United States have tested...Continue Reading

Hurricane Laura Shut In Largest Oil Production Volume Since 2008 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 02, 2020, 1:30 PM CDT Hurricane Laura, which stormed through the U.S. Gulf of Mexico at the end of August, forced shut-ins of an estimated 14.4...Continue Reading

U.S. Oil Rig Count Rises As WTI Prices Slide | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Oct 02, 2020, 12:23 PM CDT Baker Hughes reported on Friday that the number...Continue Reading

By Editorial Dept – Oct 02, 2020, 12:00 PM CDT U.S. West Texas Intermediate crude oil futures fell nearly 5% early on Friday after President Donald Trump tested positive for COVID-19 and negotiators failed to agree on a U.S. fiscal stimulus package designed to save the economy by speeding along the recovery. Meanwhile, new data...Continue Reading

By Editorial Dept – Oct 02, 2020, 12:00 PM CDT Libya is now reportedly producing 300,000 bpd of crude oil, although the NOC has been silent on numbers since September 24th. The million-dollar question of the week for the crude oil glut is what the arrest of the former CEO of Libyan Foreign Bank might...Continue Reading

By Editorial Dept – Oct 02, 2020, 12:00 PM CDT I don’t want to brag (who am I kidding, of course, I do!) but last week, with WTI holding just above $40, I predicted that a significant drop was coming. That was on Friday, and here is the chart for the main crude oil futures...Continue Reading

By Editorial Dept – Oct 02, 2020, 12:00 PM CDT Politics, Geopolitics & Conflict – Now, Turkey is sending its Syrian mercenaries to another reigniting conflict zone: The battle over Nagorno Karabakh between Azerbaijan and Armenia. Renewed fighting erupted on September 27th when Azerbaijani forces (Turkish allies) attacked Armenian forces controlling the majority of Nagorno...Continue Reading