Crude Oil
Business , Natural Gas , Crude Oil
E&P Business Strategies: Hedging in Tough Times
In oil and gas, the decision to not hedge has always been at producers’ own peril. Fewer E&Ps have hedges in place than in prior years, according to a survey, which suggests a difficult path through the recent price collapse.
Crude Oil , International
Russian Minister, Oil Majors Reported to Discuss Output Cut Extension
The meeting is seen as support for stabilizing oil markets.
Crude Oil
Demand Rise, Output Cuts Could Mean Oil Market Balance in June
Analysts, banks cite a return to traffic congestion around the world.
Crude Oil , International , Storage
Oil Minister: India Looks to Store Cheap Oil in US
India’s plan is similar to Australia’s.
Crude Oil , Storage
OPINION: US Oil Stocks Stabilize as Industry Adapts to Shock
Excess crude inventories are easing, with refined fuel stocks taking longer as consumption lags.
Exploration & Production , Crude Oil , Policy & Regulations
US Energy Department Continues Efforts to Help Oil Companies
Companies of all sizes have been coping with lower oil prices caused by a supply-demand imbalance fueled by the global COVID-19 pandemic.
Business , Crude Oil
Oil and Gas Investor At Closing: Looking for the ‘V-shape’
We have to bet on pent-up demand. The recovery appears to be ‘V-shaped’ in most markets. We hope to see that in the energy world as well.
Crude Oil
Ukraine’s Odessa Gets First WTI Cargo
Country has moved to diversify its supply away from Russia.
Exploration & Production , Crude Oil
OPEC Chief Says Oil Market Responding Well to Record OPEC+ Cut
OPEC, Russia and other allies, a group known as OPEC+, are cutting supply by a record 9.7 million barrels per day (MMbbl/d) from May 1 to offset a slump in prices and demand caused by the coronavirus outbreak.
Crude Oil , International
Sources: Russian Oil Output Dips Toward OPEC+ Quota Limit
Energy Ministry ordered companies to cut production by 20%.