Barkindo confident OPEC+ can achieve oil market stability ReutersOPEC Secretary-General Mohammad Barkindo said on Monday he is confident that OPEC+ members will succeed in balancing oil production to guarantee ... Read more https://uk.reuters.co …
Apache Oil Co. Sells Petroleum Marketing, Fuels Distribution Business Convenience Store DecisionsApache Oil Co. sold its petroleum marketing and retail fuels distribution business to an undisclosed buyer in a transaction that closed June 25. Apa …
Dubai’s DP World acquires oil shipping firm Topaz for $1.1B Hilton Head Island PacketInternational port operator DP World acquires oil and gas marine logistics provider Topaz Energy and Marine for nearly $1.1 billion. Read more https://www.islan …
Permian Adds Oil Drilling Rigs After 3 Weeks of Decline Yahoo FinanceThe considerable rise in oil price over the past month has likely prompted crude drillers to add rigs despite plans of conservative investments. Read more https://finance.yahoo …
Russia cut oil output by 278,000 bpd in June: Ifax ReutersRussia cut its oil output in June by an average of 278000 barrels per day from levels seen last October, Interfax news agency cited Russian Energy Minister ... Read more https://www.reute …
Why Energy ETFs Can't Hold Oil Gains Market RealistUS crude oil active futures rose 4.1% in the trailing week, which might have supported or limited the downside in OIH, XOP, XLE, and AMLP. Read more https://marketrealist.com/2019/07/why-energy …
OPEC extends oil production cut by 9 months Fox BusinessThe current deal reduced production by 1.2 million barrels per day starting from Jan. 1. Read more https://www.foxbusiness.com/energy/opec-set-to-extend-oil-supply-cut-as-iran-endorses-pac …
Iran oil minister has no problem with output cut, slams 'unilateralism' ReutersIranian Oil Minister Bijan Zanganeh said on Monday he has no problem with output cuts by OPEC, but poured scorn on what he called "unilateralism" among ... Read more …
Iran's Oil Minister Zanganeh calls for unity among members of OPEC ReutersMembers of the Organization of the Petroleum Exporting Countries (OPEC) should have unity among themselves, Iran's Oil Minister Bijan Zanganeh was quoted ... Read more htt …
Oil steadies on OPEC cuts, but oversupply fears persist Yahoo FinanceOil prices pared gains on Monday after worries about oversupply persisted, pulling back from an early rally as OPEC extended supply cuts until March 2020 ... Read more https:// …