Post Tagged with: "oil production cut"

OPEC to “stay the course” as Saudi Arabia extends oil production cut

OPEC to “stay the course” as Saudi Arabia extends oil production cut

World Oil

(Bloomberg) – OPEC signaled it will stay the course as group leader Saudi Arabia extends a production cut aimed at shoring up global oil markets. A monitoring committee comprising the kingdom and other key OPEC nations recommended no …

August 4, 2023 - 11:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P), OPEC
Source: CNBC

Parsley Energy CEO says Texas must cut oil production, which hasn’t happened since the 1970s

CNBC

Parsley Energy CEO Matt Gallagher on Wednesday told CNBC’s Jim Cramer that the state of Texas must issue an oil production cut, or risk putting almost 1 million jobs across the country in jeopardy.

“My stance is if we …

April 16, 2020 - 11:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P)
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