Crude started the week by getting swept up in a broader market relief rally, and was aided by a strike in Norway that has shut fields and is curbing flows. SourceContinue Reading

Gulf Of Mexico Oil Drillers Prepare For Storm Delta | 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 06, 2020, 9:00 AM CDT Oil producers in the Gulf of Mexico have started...Continue Reading

The deal marks the end of the road for one of the oldest independent oil explorers. After years laboring under a mountain of debt Premier has bowed to pressure from creditors, with CEO Tony Durrant abandoning his plan to acquire some of BP’s North Sea assets and agreeing to step down. SourceContinue Reading

Oil Markets Brace For Tough End Of Year | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Oct 05, 2020, 7:00 PM CDT The worsening demand picture...Continue Reading

Can Kuwait’s New Ruler Reform The Country? | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Oct 05, 2020, 6:00 PM CDT Following the death at 91...Continue Reading

“Proceeds will be used to fund our world class investment opportunity in Guyana,” CEO John Hess said. “This sale is aligned with our strategy to preserve cash and preserve the long term value of our assets in the current low oil price environment.” SourceContinue Reading

U.S. Upstream Oil Mergers Still Slow Despite Chevron, Devon Deals | 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 05, 2020, 5:30 PM CDT Despite two big corporate transactions in...Continue Reading

Energy Storage Market To See Explosive Growth This Decade | 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 05, 2020, 5:00 PM CDT Solar, wind, and other renewable energy sources are set...Continue Reading

The Pandemic Will Not Crush Guyana’s Oil Boom | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Oct 05, 2020, 4:00 PM CDT There are growing fears...Continue Reading

Short Selling In Oil Returns | 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 05, 2020, 3:30 PM CDT Money managers resumed selling the most traded petroleum futures contracts last...Continue Reading