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
1. Spending on electricity surpassed fuels – For the first time since 1960, U.S. consumers spent more on electricity than they did on gasoline and other fuels. – The shift is the result of the plunge in spending on fuel (from reduced mobility) and a sharp increase in spending on electricity. – In April, Americans...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
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 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
