Monday, September 22, 2025
Range anchors ethane supply for Appalachia Polyethylene Complex- oil and gas 360

Range Announces first quarter 2020 production and pricing update

Oil and Gas 360 FORT WORTH, Texas, April 27, 2020 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that first quarter 2020 production averaged approximately 2,294 Mmcfe per day.  Range continues to expect 2020 production to average approximately 2.3 Bcfe per day, including an expected exit rate of approximately 2.3 Bcfe per day. The following table details Range’s average production

Biggest U.S. oil ETF sells June holdings; shares plummet- oil and gas 360

Biggest U.S. oil ETF sells June holdings; shares plummet

Reuters Shares of United States Oil Fund LP fell more than 16% on Monday after it said it would sell all of its front-month crude contracts to avoid a repeat of the heavy losses suffered last week after crude prices cratered. USO, the United States’ largest crude exchange-traded product, declined 39% last week. Retail investors sold the ETF heavily in

Venezuela's gasoline goes from world's cheapest to steepest- oil and gas 360

Venezuela’s gasoline goes from world’s cheapest to steepest

Reuters PUERTO ORDAZ/MARACAIBO, Venezuela – Venezuelans reported paying above $2 per liter ($7.57 per gallon) for gasoline last week amid fuel shortages, one of the world’s highest rates and a dramatic reversal for an OPEC nation that long boasted of having the world’s cheapest fuel. Thanks to subsidies under socialist former President Hugo Chavez and his succesor and protege, Nicolas

China oil companies could report ‘significant losses’ in the first quarter, Bernstein says- oil and gas 360

China oil companies could report ‘significant losses’ in the first quarter, Bernstein says

CNBC Earnings from China’s oil firms are going to “look pretty ugly” in the short-term, one Bernstein analyst told CNBC on Monday. “We’re expecting very significant losses in the first quarter for PetroChina and Sinopec as a result of the low oil prices,” Neil Beveridge, senior oil and gas analyst at Bernstein, told CNBC’s “Street Signs.” Both PetroChina and Sinopec are expected to post