Search Results
for Oil and Gas

OPEC+ Tries For Global Deal, But Glut is Still Too Large
A major production cut of 10 million barrels per day would be historic in size - and probably fail to move the needle.

Canada Faces Oil Shut Ins As Prices Drop Below $5
With a barrel of Canadian oil now cheaper than a pint of beer, producers have begun to shut in production.

Texas Explores Return of Rationed Oil Production
The crisis affecting the U.S. oil industry has reached the point where some drillers are now requesting the Texas state government step in to regulate production

Explaining the Price War
The OPEC+ collapse will likely lead to a long and damaging price war, particularly for U.S. shale.

Iran’s Oil Flow Holds Ground in Syria As Market Share Lost to Battling OPEC Members
While other countries have turned away, Syria has become a key destination for Iranian oil under U.S. sanctions.

OPEC and Russia Start Price War
Amid a price war, a global pandemic and shrinking oil demand, there is little hope for oil to rebound in the short term.

Will OPEC+ Cut Again? Will It Be Enough?
As the coronavirus continues to hit oil demand, pressure has grown on OPEC+ to respond.

From High to Low: Could U.S. Shale Production Stall in 2020?
As the EIA reports record U.S. oil production figures, a variety of demand-side concerns mean this growth may stall in 2020

Coronavirus Reveals OPEC+ Split Ahead Of March Meeting
Differing responses to the effect of the coronavirus on oil markets has caused a split between Russia and Saudi Arabia.

Coronavirus: Another Factor Exposing Risks to Iraq’s Oil-based Economy
The coronavirus's chilling effect on global oil demand is exposing the frailties in Iraq's oil-based economy.
Subscribe