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Oil to stay below $40 in 2020 on virus shock, OPEC+ deal collapse: Reuters poll

31/03/2020

Oil prices will stay below $40 a barrel this year, as measures aimed at halting the rapid global spread of

Over US$50bn in capital expenditure cuts announced as oil and gas companies grapple with COVID-19 and oil price war, say

31/03/2020

As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are being slashed with over US$50bn pledged to date and more on the horizon, says

OPEC March oil output rises from 2009 low after supply pact collapse

31/03/2020

OPEC oil output rose in March from the lowest in more than a decade last month as Saudi Arabia boosted

Shell slows refining, takes up to $800 million hit after oil crash

31/03/2020

Royal Dutch Shell slowed refining output and will write down up to $800 million (649.46 million pounds) in the first

U.S., Russia agree to oil market talks as Trump calls price war ‘crazy’

31/03/2020

U.S. President Donald Trump and Russian President Vladimir Putin agreed during a phone call on Monday to have their top

Oil prices are on track for their worst ever quarter as coronavirus slashes demand

31/03/2020

Oil prices are on pace to register their worst quarterly performance on record, as the coronavirus pandemic continues to crush

U.S. crude oil output falls for second month in a row in January

31/03/2020

U.S. crude oil output fell to 12.7 million barrels per day (bpd) in January from 12.8 million bpd in December,

Price plunge, coronavirus pandemic affect all sectors of US natural gas industry

31/03/2020

High natural gas storage volumes combined with effects of the coronavirus outbreak could suppress demand and prices through at least

European oil & gas majors take action: Already suffering from oversupply, the Covid-19 outbreak is pushing the energy se

31/03/2020

Bearish oil fundamentals prompt major rethink
At the start of the year, the International Energy Agency (IEA) was expecting that

Global E&P Capex Will Reach At Least A 13-Year Low In 2020 As Covid-19 And Price War Persist

31/03/2020

Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this

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