Diamondback Energy restarts nearly all of its oil production as crude rebounds
Temporarily shut down after the coronavirus-driven oil crash this year. Lifted its self-imposed reduction of 9 thousand barrels Read the ...
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Oil Prices Hit Four-Month High On Vaccine Hopes
Oil prices surged early on Tuesday to their highest level since Saudi Arabia and Russia broke up the OPEC+ pact ...
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Second Wave Of COVID-19 Won’t Crush Oil Prices
OPEC+ agreed on Wednesday to cuts starting next month as the global economy slowly awakens from its deep Covid-19 slumber. OPEC+ ...
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Oil prices at 4-month high as U.S. crude supply posts biggest decline of the year and OPEC+ tapers output cuts
OPEC+, said they will ease record prod. cuts of 9.7 barrels per day to 7.7 m barrels per day starting in ...
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ConocoPhillips CEO: ‘Shale will come back’
Ryan Lance, Conoco Phillips CEO, “We’re thinking of slowly coming back into the market over the next few months and ...
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The Price Rally Right Around The Corner
Concerns about demand due to increasing rates of coronavirus cases are taking a toll, but oil’s ability to hold near ...
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