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Showing posts with the label December 19

Saudi Arabia is reportedly cutting oil output by more than expected

Saudi Arabia is reportedly cutting oil output by more than expected https://cnb.cx/2EIbLry OPEC is reportedly planning to release a table detailing voluntary supply cut quotas among its members and allies, Reuters reported Thursday. https://ift.tt/2PddWW7 December 19, 2018 at 11:58PM Energy https://cnb.cx/2KU3Ztw

Oil prices resume drop, shed most of last session's gains

Oil prices resume drop, shed most of last session's gains https://cnb.cx/2SdvkuX Oil prices declined on Thursday to wipe out most of their gains from the previous day, continuing a downswing seen earlier in the week amid concerns over oversupply and the global economic outlook. https://ift.tt/2PddWW7 December 19, 2018 at 07:15PM Energy https://cnb.cx/2KU3Ztw

Poland's goal of ditching Russian natural gas bolsters American LNG and Trump's energy agenda

Poland's goal of ditching Russian natural gas bolsters American LNG and Trump's energy agenda https://cnb.cx/2rHFnwW Poland took another step towards weening itself off Russian energy supplies on Wednesday by signing a 20-year agreement with San Diego-based Sempra Energy to import U.S. liquefied natural gas. https://ift.tt/2PddWW7 December 19, 2018 at 12:22PM Energy https://cnb.cx/2KU3Ztw

America's top oil-producing region has a new problem: $40 crude

America's top oil-producing region has a new problem: $40 crude https://cnb.cx/2QGILqL Crude oil is trading at about $40 a barrel in the western Texas region that sits atop most of the Permian Basin, the epicenter of the U.S. shale oil boom. https://ift.tt/2PddWW7 December 19, 2018 at 05:29AM Energy https://cnb.cx/2KU3Ztw

Despite falling oil prices, the 'glory days for US shale are far from over'

Despite falling oil prices, the 'glory days for US shale are far from over' https://cnb.cx/2PL7chv Oil prices stabilized on Wednesday after a "toxic mix" of market forces triggered one of the biggest falls for years. https://ift.tt/2PddWW7 December 19, 2018 at 03:48AM Energy https://cnb.cx/2KU3Ztw