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2018-06-25 12:20:00

U.S. OIL UP TO 10.9 MBD

U.S. OIL UP TO 10.9 MBD

WSJ - U.S. shale companies, which profited by continuing to pump oil as the rest of the world cut its production, are again poised to benefit as the Organization of the Petroleum Exporting Countries boosts its output.

OPEC's decision last week to increase production modestly is seen as an attempt to keep prices elevated without creating a spike. The move eased concerns among the member countries about tightening supply and the potential for a price spike, but it also lifted the stock prices of U.S. oil producers, which have learned to survive at…

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Tags: USA, OIL, PRODUCTION, PRICE
Chronicle:
U.S. OIL UP TO 10.9 MBD
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2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
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2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
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2019, May, 23, 12:10:00
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U.S. OIL UP TO 10.9 MBD
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch of the first train of the project in 2023.
U.S. OIL UP TO 10.9 MBD
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