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Oil Hasn’t Been This Bearish Is Nearly A Century | 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 – Nov 05, 2020, 4:00 PM CST The energy sector has emerged as the worst-performing of the United States’ 11 market sectors...
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Consolidation Is Killing Jobs In The U.S. Shale Industry | 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 – Nov 05, 2020, 3:00 PM CST The long-awaited consolidation in the U.S. shale...
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Brent will probably continue ranging between $38 and $43 a barrel, according to Ibrahim Al-Buainain, head of Aramco’s trading unit. That’s far below what most members of the cartel, including Saudi Arabia, need to balance their budgets. Source
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Officials at the European Commission, the union’s executive arm, are assessing ways to reduce pollution from gaseous fuels as part of the Green Deal, an environmental clean-up of the entire economy. Source
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India Wants OPEC To Fix Asian Oil Pricing Anomaly | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2020, 2:30 PM CST India wants OPEC to review its pricing policies for the Asian market and end the premium it puts on its crude for...
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Are Vanadium Flow Batteries The Future Of Utility-Scale Energy Storage? | OilPrice.com Premium Content By Robert Rapier – Nov 05, 2020, 2:00 PM CST Earlier this year, the California Energy Commission (CEC) published a $20 million solicitation to fund research projects for the deployment of long-duration energy storage. The objective was to develop a clear understanding of...
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Aside from the election, the oil market is now facing up to renewed lockdown measures as a result of Covid-19. Source
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Weatherford International announced its smart rod-lift solution, comprised of production optimization software, automation, and skilled engineers, boosted uptime 42 percent and increased production 37 percent for 40 reciprocating rod-lift wells in Sumatra, Indonesia. Source
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Iraq Busted Its OPEC+ Oil Production Quota In October | 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 – Nov 05, 2020, 1:00 PM CST Iraq’s crude oil production rose in October...
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Turkey Expands Gas Drilling In The Black Sea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 05, 2020, 12:00 PM CST After announcing a major natural gas discovery in the Black Sea earlier this year, Turkey has started drilling for gas at a second...
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