Post Tagged with: "price war"

Canadian Natural swings to loss, slows output as oil prices slump

Canadian Natural swings to loss, slows output as oil prices slump

Reuters

Canadian Natural Resources Ltd (CNQ.TO) posted a quarterly loss on Thursday compared with a year-ago profit, hurt by the sharp decline in oil prices caused by the novel coronavirus outbreak and a price war between Saudi Arabia …

May 7, 2020 - 11:30 am — Canada, Canada News, Closing Bell Story‎, Commodity Pricing, Crude Oil News, Earnings, Energy News, International
Source: Houston Chronicle

Saudis to hike oil export to record 10 million barrels a day

Houston Chronicle

Saudi Arabia plans to boost oil exports even further from April to May, reaching a record of more than 10 million barrels a day as the kingdom taps a new field.

The increase in shipments of about 250,000 …

March 17, 2020 - 10:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, International
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