Archives for March 2020
Cheniere tests slump in sign it may curb production
Traders are closely watching any indication that U.S. exporters will curb production as the coronavirus restrains demand and exacerbates an oversupply. Source: FuelFix
Click here 0 1,512
Parsley, Pioneer ask state regulators for emergency meeting on production cuts
With crude prices trading in the $20 per barrel range, two of the most active oil companies in Texas are asking state regulators for to hold an emergency meeting and order production cuts. Source: FuelFix
Click here 0 1,481
Trump talks oil prices with Putin as rout continues
President Donald Trump said he’s concerned oil prices have fallen too far and called Vladimir Putin on Monday to discuss Russia’s oil-price war with Saudi Arabia. Source: FuelFix
Click here 0 1,452
BP tells workers that their jobs are safe for 3 months
BP Plc has promised its employees their jobs are safe over the next three months, while the oil major considers ways to cut costs with crude prices plunging. Source: FuelFix
Click here 0 1,512
Saudi Aramco weighs pipeline stake sale to raise cash
Saudi Aramco, the world’s largest oil producer, is weighing the sale of a stake in its pipeline unit to raise money amid a slump in crude prices, according to people familiar with the matter. Source:...
Click here 0 1,501
