Trade
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 , 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The U.S. Department of Energy has withdrawn a solicitation to purchase oil for the Strategic Petroleum Reserve citing a lack of certainty around funding.
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 , Trade , International
US-Saudi Alliance One of ‘Many Ideas’ Being Discussed
"I don't know that that's going to be presented in any formal way ... as part of the public policy process," Energy Secretary Dan Brouillette told Bloomberg.
Exploration & Production , Crude Oil , Trade , International
US To Send Official To Saudi Arabia As Texas Regulator Suggests Oil Cuts
Texas oil regulator Ryan Sitton said OPEC Secretary-General Mohammad Barkindo was "kind enough to invite me to the next OPEC meeting in June."
Exploration & Production , Crude Oil , Trade , Shale Plays
Texas Shale Producers Ask State To Limit Oil Production
The Texas oil and gas regulator, the Texas Railroad Commission, imposed production limits on producers in the 1930s to try to prop up prices and later was a model for the creation of OPEC.
Crude Oil , Trade , International , Shale Plays
Opinion: Why Shale Skeptics Are Wrong
While long-time shale skeptics may be broadcasting a “Return to Normalcy” thesis, there is a simpler question for those not anchored to that thesis: Whose side are you on?
Crude Oil , Trade , International
US Oil Price Reverses Losses, Posts Largest One-day Gain On Record
Analysts saw the rebound as a brief reprieve, anticipating additional weakness as the coronavirus outbreak takes its toll on global oil demand.