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Trump has meeting with top oil executives

https://www.youtube.com/watch?v=om0EmmsIBrk President Donald Trump said that the U.S. will “get our energy business back,” as he met with oil executives from at least seven companies...

Mainstream media is just catching on to the harsh reality of oil

https://www.hellenicshippingnews.com/with-world-running-out-of-storage-crude-oil-prices-in-tailspin. Global oil prices continue to be in a tailspin amid nationwide lockdowns to stop the coronavirus (COVID-19) pandemic and a deluge of production from...

THE U.S WILL HAVE NO CHOICE BUT TO SHUT IN WELLS

Oil industry braces for biggest idling of wells in 35 years. The U.S is running out of places to store it's vast amounts of oil...

Oops – US suspends plans to buy oil after funding is left out of...

The U.S. Department of Energy is suspending its plans to buy crude for the country’s Strategic Petroleum Reserve after the requested $3 billion in...

The U.S Oil industry will see thousands of jobs lost

One of the most painful busts in the history of crude oil happened just six years ago when a sharp price drop cost 200,000...

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...

OILFIELD LAYOFFS ARE SKYROCKETING IN TEXAS & NORTH DAKOTA

Many companies are proceeding with temporary layoffs due both to crashing oil prices and the spread of the novel coronavirus that causes COVID-19. (Bloomberg) --...

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...

Massive Crash in American Oil is Approaching

https://www.youtube.com/watch?v=g5vMduPgrRY Even after a 60% plunge so far this year to the lowest since 2003, prices will likely drop further to $20 a barrel or...

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...

Oil drops nearly 10% breaking below $29

U.S. West Texas Intermediate crude dropped $3.03, or 9.5%, to settle at $28.70 per barrel. Earlier in the session, WTI fell to a session...

Hess CEO John Hess said he expects rig count to be half of what...

The rig count is expected to be cut in half as oil prices collapse and as an all-out Crude Oil war between Saudi Arabia...

Is it time to look for a Job outside the Oil Industry?

These are very unique times we live in, with the Crude oil Crash and the Corona Virus scare wreaking havoc all around the U.S....