By Editorial Dept – Oct 09, 2020, 12:00 PM CDT U.S. West Texas Intermediate is trading lower on Friday after giving back earlier gains. Some traders are saying the markets are taking a breather from the nearly 10% run-up this week, but we could be looking at profit-taking related to an easing of concerns over...Continue Reading
Aramco Dividend Won’t Cover Saudi Budget Gap | 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 Premium Content By Tsvetana Paraskova – Oct 09, 2020, 11:00 AM CDT The massive US$75-billion annual dividend of Saudi Aramco cannot...Continue Reading
Pemex Issues $1.5-Bln Bond To Refinance Massive Debt | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 09, 2020, 10:30 AM CDT Mexico’s state oil company Pemex has issued a $1.5-billion bond...Continue Reading
Petroleos Mexicanos returned to capital markets Thursday for its first debt sale since January as the embattled oil producer seeks to tap improved demand from investors. SourceContinue Reading
The energy discovery in the Black Sea is critical for Turkey’s current-account balance which is dragged down by the need to import nearly all of the 50 billion cubic meters of gas the country consumes annually. SourceContinue Reading
Activist Investor Icahn Optimistic About Oil Recovery | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 09, 2020, 10:00 AM CDT Activist investor Carl Icahn is optimistic about the oil industry, expecting...Continue Reading
More Than 90% Of Gulf Of Mexico Oil Production Shut In As Hurricane Approaches | 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 Related News By Julianne Geiger – Oct 09, 2020, 9:30 AM CDT More than 90%...Continue Reading
Saudi Arabia May Not Want To Ease Output Cuts In January | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 09, 2020, 9:00 AM CDT Saudi Arabia is mulling over canceling a planned relaxation of OPEC oil production cuts due to enter into effect next...Continue Reading
Why The Elections Aren’t Moving Oil Prices | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Oct 08, 2020, 7:00 PM CDT The U.S. elections are less than a month away, and the oil market cannot seem to make...Continue Reading