Oil Prices Continue to Climb after Large Crude Draw
Oil Prices Continue Climb On Large Crude Draw.
The American Petroleum Institute (API) on Tuesday reported a decrease of 4.785 million barrels of crude...
Brent Crude Falls to 17-Year Low
https://www.youtube.com/watch?v=_o7Dg1U769M
Crude crashed to its lowest in 17-years as virus lockdowns cascade through the world’s largest economies. The market has been roiled by cratering demand...
Texas Oil Regulator trying to save the Oil industry from itself
Texas' oil regulator which oversees the nation's top oil-producing state might immediately force producers to curtail some of their output by shutting off existing...
MASS LAYOFFS IN NORTH DAKOTA – TEXAS
https://www.youtube.com/watch?v=Y0LSF_3BJVU
John Kilduff, Again Capital founding partner, calls 'Power Lunch' to discuss oil plunging into the close and what's behind the move.
John Kilduff, CNBC contributor...
Brent crude was up $2.10, or 8%, at $26.98 a barrel
After getting tired of losing Market share to American oil Russia and Saudia Arabie are dumping oil at prices the market hasn't seen the...
The U.S. is preparing to start buying 77 million barrels of oil
https://www.youtube.com/watch?v=32WCACDC_wM
The U.S. is preparing to start buying as much as 77 million barrels of oil for its emergency stockpiles within the next two weeks,...
Oilfield Bust? Time to invest in oil?
The Oil industry is witnessing a major correction. Mass Layoffs and investment pull-back from oil majors are expected after Oil prices plunge because OPEC+...
Stocks Plunge At Market Open, Dow Down 1800 Points
https://www.youtube.com/watch?v=2jhfpfrV8Nw
Trump says oil price plunge is ‘good for the consumer’ as he blames media, oil for stock drop. Investors continued to seek safer assets...
Goldman Sachs is now out with a dire warning: $20 a barrel oil.
Brent crude oil futures tanked as much as 31% to $31 a barrel on Sunday evening as Saudi Arabia ratcheted up pressure on Russia...
Saudi Arabia is considering large oil cuts due to coronavirus
Saudi Arabia is debating a short-term oil product cut as the deadly coronavirus continues to spread, the Wall Street Journal reported, citing OPEC officials....
A Huge Decline In Oil Replacement Ratio
Oil and gas companies have discovered 7.7 billion barrels of oil equivalent (boe) year-to-date, according to Rystad Energy’s latest global discoveries report.
This means that...
South Korea Oil Tanker Blast Sparks Fire Injuring 18
https://www.youtube.com/watch?v=HmZixV7u3-U
A mushroom cloud of fire erupted from Stolt Groenland, the
Blaze spread to South Korean-flagged oil tanker Bow Dalian - which was docked nearby
Some...
China has begun imposing new tariffs to crude oil from the U.S
China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump's trade war, China also filed a...
Have We Reached Peak Production?
In less than eight years, U.S. oil production climbed from under 6 million barrels per day (BPD) to more than 12 million BPD. This...
