oil production cuts

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Trump boasts oil is 'back in business.' Others are a lot more cautious
www.washingtonpost.com

Trump boasts oil is 'back in business.' Others are a lot more cautious

'We’ve done a fantastic job with bringing back the oil in a rapid fashion,' Trump told an audience in Dallas.
Russian-Saudi oil war
www.newyorker.com

How the Russian-Saudi oil war went awry—for Putin most of all

Unwilling to tap his country's financial reserves, and facing a pandemic and ever-worsening oil prices, Putin became inclined to make a deal.

Trump's oil deal may not be enough to save some US oil companies
www.washingtonpost.com

Trump's oil deal may not be enough to save some US oil companies

Now some small to mid-sized petroleum producers are seeking government help.
Canada's oilpatch in financial distress
www.cbc.ca

Canada's oilpatch sheds almost $9B in spending: IHS Markit

Analysts say its preliminary estimates suggest upstream oilsands investment may be at its lowest levels in over a decade and a half.
Trump’s crude problem: OPEC diplomacy can’t save America’s oil jobs

Trump’s crude problem: OPEC diplomacy can’t save America’s oil jobs

“Does it save shale? Not necessarily,” said the director of the Atlantic Council’s Global Energy Center.
Texas and Oklahoma weigh production quotas for oil

Texas and Oklahoma weigh production quotas for oil

Now that Russia, Saudi Arabia and other producers have decided to cut production of oil in the face of the global collapse in demand, some American companies want Texas and Oklahoma to follow suit.
As Russia and Saudi Arabia retreat, U.S. oil industry avoids the worst
www.nytimes.com

As Russia and Saudi Arabia retreat, U.S. oil industry avoids the worst

Job losses and bankruptcies appear certain, but a deal among producers may put a floor under prices for now.
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