Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. The best 8 min summary of the energy markets.
Michael covers the highlights and the Chesapeake bankrupt updates. We have Dan Genovese, Director, Consulting Services, EnerCom as a guest to talk about his personal take on Chesapeake, and the capital accelerator program at The Oil & Gas Conference.
International News Desk: Iraq lowers June oil exports, but is still over the OPEC+ quota, and ADNOC to shut down Bab oil field for maintenance. This will reduce production by 370,000 bpd.
Check out the Oil & Gas 360 News Desk for all of our charts, and show notes.
Show Notes:
Oil prices set for modest recovery on OPEC+ cuts, improving demand: Reuters poll
ADNOC to shut down Bab oil field for maintenance
Paramount Resources Ltd. announces amended credit facility
OPEC oil output sinks as Saudi deepens cuts and others cut more, survey shows
Stay-at-home orders led to less commercial and industrial electricity use in April
Shell to cut asset values by up to $22 billion after coronavirus hit
Chesapeake Energy Corporation’s “First-Day Motions” Approved By Court
Chesapeake Energy Corporation Receives Notice From NYSE Regarding Continued Listing Standard
Transcript: * "Its more like a guideline" - Capt Jack Sparrow, Pirates of the Caribbean .*Automatically transcribed by Trint - may contain grammatical errors. - uploading shortly....