OPEC+ Compliance With Cuts At 101% Ahead Of Crucial Meetings | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 13, 2020, 5:30 PM CST The OPEC+ group complied 101 percent with the oil production cuts in October, keeping a high level of conformity ahead of...Continue Reading
Governor Gretchen Whitmer filed a complaint in Ingham County Circuit Court seeking to “revoke and terminate” a 1953 easement that allows Enbridge to operate under the Straits of Mackinac. Line 5 is a key conduit of crude for Canadian refineries in Ontario and Quebec. SourceContinue Reading
The Oilfield Services Sector Is Showing Signs Of 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 – Nov 13, 2020, 5:00 PM CST The U.S. oilfield services sector added more than 6,400...Continue Reading
Libya’s Oil Production Exceeds 1.2 Million Bpd | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 13, 2020, 4:30 PM CST Oil production in Libya has already exceeded 1.2 million barrels per day (bpd), a source in Libya’s oil industry told Reuters on Friday, while...Continue Reading
The Interior Department is set to issue a formal “call for nominations” as soon as Monday, kick-starting a final effort to get input on what tracts to auction inside the refuge’s 1.56-million-acre coastal plain. SourceContinue Reading
By Editorial Dept – Nov 13, 2020, 1:00 PM CST By most perspectives, Trump has been a hands-off president in the foreign policy arena, with the visible exception of antagonizing Iran and fostering a withdrawal from – and then an about-face return to – Syria, where U.S. troops are now standing guard around northern Syria’s...Continue Reading
Surge In COVID Cases Counters Oil Market Optimism | 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 – Nov 13, 2020, 1:00 PM CST While much of the media attention has been on the recent Pfizer...Continue Reading
By Editorial Dept – Nov 13, 2020, 1:00 PM CST For those of us that pay attention to the Baker Hughes Rig Count, as all energy investors should, it has been an interesting month or so. After one of the most precipitous falls in the number of active rigs in America ever, the rig count...Continue Reading
By Editorial Dept – Nov 13, 2020, 1:00 PM CST Politics, Geopolitics & Conflict The Armenian government has signed what it has referred to as a “painful” agreement with Russia and Azerbaijan to end the war over the disputed area of Nagorno-Karabakh. Under the deal, Azerbaijan will retain areas of Nagorno-Karabakh that it has taken...Continue Reading
By Editorial Dept – Nov 13, 2020, 1:00 PM CST 1. Oil rallies on vaccine hopes – The oil bulls returned this week on the extraordinary news that a potential coronavirus vaccine is not only effective but could be widely available by the second quarter of 2021. – WTI surged 9% in just a few...Continue Reading