Crude Oil , Trade , International , Shale Plays

OPEC, Russia Reach Deal to Cut Oil Production

Oil prices fall as traders fear reductions agreed to by OPEC and Russia will fail to offset biggest demand collapse in history.

April 9, 2020

People , Crude Oil , Trade , International , Shale Plays

Interview: Harold Hamm Highlights US Oil Cuts Amid Push for Russia-Saudi Curbs

Continental Resources executive chairman Harold Hamm says U.S. shale producers are being forced to act because of storage tank limits.

April 7, 2020

Crude Oil , Trade , International

OPEC+ to Likely Cut Production If US Joins Effort, Sources Say

Major U.S. oil companies and industry groups are opposed to mandated cuts, which would be an extraordinary step in the United States.

April 7, 2020


Brouillette Hopeful Saudi, Russia to End Oil Row this Week

Prices drop after a proposed meeting is delayed, but the energy secretary expects a 10% to 15% drop in production after a meeting later this week.

April 6, 2020

Markets , Trade , International

From OGI Editor-in-Chief: Emergency Response to ‘OPEC-aggedon’

When the three-year Saudi Arabia-Russia production-cut marriage known as OPEC+ ended acrimoniously on March 6, the oil and gas world as we know it ended. For now.

April 6, 2020

Crude Oil , Trade , Legislation

Oil Analysts Skeptical about Saudi-Russian ‘Deal’

Trump said April 2 he had brokered a deal between Russia and Saudia Arabia, but made no offer to reduce U.S. output, and benchmark Brent oil futures surged 21% in a record one-day rise. Here are analysts’ views on the deal.

April 3, 2020

Crude Oil , Trade , International

Texas Regulator Aims to Wrangle Oil Cuts from Saudis, Russia

A Texas oil and gas regulator on April 2 said he talked with Russian Energy Minister Alexander Novak about the possibility of both Russian and Texan producers' trimming production.

April 2, 2020

Crude Oil , Trade , International

Saudi Arabia, Russia Signal Readiness to Cooperate on Oil

Stabilizing the oil markets is expected to be a challenge because demand has collapsed.

April 2, 2020

Crude Oil , Trade , International

US, Russia Agree to Oil Market Talks

Trump calls the price war between Russia and Saudi Arabia ‘crazy.’

March 31, 2020

Crude Oil , International

Lawmaker Urges State Dept. to Boost Oil Price War Diplomacy

McCaul applauds efforts to convince Saudis and Russians to cut production.

March 26, 2020