Saturday, June 20, 2026
Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn- oil and gas 360

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn

CNBC Global oil storage could reach maximum capacity within weeks, energy analysts have told CNBC, as the coronavirus crisis dramatically reduces consumption and some of the world’s most powerful crude producers start to ramp up their output. The coronavirus pandemic has meant countries have effectively had to shut down, with many governments imposing draconian measures on the daily lives of

OPEC+ deal collapse, virus double whammy to keep oil in $30s range - Reuters poll- oil and gas 360

OPEC+ deal collapse, virus double whammy to keep oil in $30s range – Reuters poll

Reuters Oil prices are set to languish near current lows in coming months as the collapse of a deal among major producers to curb output hammers a market already reeling from falling demand due to the coronavirus, a Reuters survey showed on Friday. Analysts in the snap poll slashed their forecasts of Brent crude prices LCOc1 to $42 a barrel

U.S. Oil Sector Sets Another Record in Another Sign of Energy Independence

From The Houston Chronicle The U.S. energy sector broke another record last year as the shale boom sent natural gas and petroleum production soaring. U.S. petroleum and natural gas production jumped by 16 percent and by 12 percent respectively in 2018, setting new production records, according to a new report from the U.S. Energy Department. The U.S. surpassed Saudi Arabia

EnerCom Dallas registration is open

What’s not to Love? EnerCom Dallas Showcases Oil Producers in Southeastern Europe, U.S., Canada, South America

Strong EnerCom Dallas conference registrations point to 2017 energy sector uptick EnerCom Dallas, EnerCom’s Texas-based oil and gas investment conference, will bring together a slate of upstream producers and oilfield technology innovators working in key global oil and gas jurisdictions. If registrations from the institutional investment community are any indication, the energy sector should be looking for a banner year in 2017.