Crude Oil
Crude Oil , Trade , International , Shale Plays
Oil Pipeline, Producer Standoff Prompts New Call for Texas Shale Curbs
Texas Railroad Commission, the state's energy regulator, will weigh a mandated cut at its next scheduled meeting, said Ryan Sitton, the commissioner who first floated 10% cuts two weeks ago.
Crude Oil , Trade , International
Ten Signs the Oil Industry Is Bent Out of Shape
The collapse in demand and of energy diplomacy between Saudi Arabia, Russia and others have triggered unprecedented responses from governments and investors. Here are ten signs of an oil industry in distress.
Crude Oil
IEA: Global Oil Demand Could Drop 20% as 3 Billion People in Lockdown
IEA's Fatih Birol said that, despite huge demand destruction, oil supply was nevertheless set to rise by another 3 million bbl/d as part of Saudi Arabia's market share battle with Russia.
Crude Oil , Trade , Legislation , Storage
Small, Midsize Oil Producers Left Out of Stimulus Bill
The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage
Frac Spread: Shale Shares Misery Down Value Chain
NGL price collapse deprives oil and gas producers who leaned on associated liquids when crude struggled.
Crude Oil
Brent’s Fall Creates Steepest Contango in 11 Years
Unprecedented drop in global demand has traders looking forward to post-COVID-19 prices.
Crude Oil , International
Lawmaker Urges State Dept. to Boost Oil Price War Diplomacy
McCaul applauds efforts to convince Saudis and Russians to cut production.
Crude Oil , Trade
Trump Admin to Buy Oil Despite Exclusion from Stimulus Bill
Small and midsize oil producers are the focus of the initial purchases. Buyers with fewer than 5,000 employees are eligible to submit proposals.
Crude Oil , Trade
Trump Administration Looks to Buy Oil for SPR Out of DOE Budget
The Trump Administration has told energy interests not to worry, that money will be found in the DOE's budget, one of the sources said, though it was unclear how much money could be appropriated.
Crude Oil , International
Oil Jumps 3% Towards $28 on Fed Steps to Support Economy
Analysts question whether the optimism will hold.