Sunday, July 12, 2026
Rise of remote working is ‘biggest threat to oil demand,’ says analyst- oil and gas 360

Demand rise, output cuts could mean oil market balance in June

Reuters LONDON  – Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks predict. “Bullish sentiment continues to gather momentum as we move closer to June, when … the global crude balance is set to reach net short territory, to the tune of a

EQT announces closing of asset sale and strategic volume curtailment- oil and gas 360

EQT announces closing of asset sale and strategic volume curtailment

EQT PITTSBURGH, May 26, 2020 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced that it has closed a transaction to sell certain non-strategic assets and implemented a strategic volume curtailment program. Asset Sale: EQT has closed a transaction to sell certain non-strategic assets located in Pennsylvania and West Virginia to Diversified Gas and Oil PLC, for an aggregate purchase price of $125