Post Tagged with: "OAG360 I"

Source: Houston Chronicle

Shale spending to fall 12% in 2020: Report

Houston Chronicle

Exploration and production spending on North American shale is expected to plunge by 12 percent next year because of modest oil prices, weaker cash flows and increased restraint desired by shareholders, according to a new report from the …

Source: Reuters

Oil nears three-month high as trade hopes, UK election lift sentiment


NEW YORK – Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain.

China’s Vice Finance Minister said the first …

December 13, 2019 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News, International, OPEC