- Joe Barone, Shale Directories
- Blog
- February 14, 2019
Crude prices rise, bolstered by Saudi output cuts
Crude oil prices rose Wednesday after top exporter Saudi Arabia said it would cut crude exports and cut even more from its production, with ever-growing U.S.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
Crude rises as Saudis plan steeper oil supply cuts
Crude oil prices rose more than 1% Tuesday on steep Opec production cuts and Saudi Arabia’s plan to drop March crude output by more than 500,000 barrels per day below its pledged reduction.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
Crude oil plunges, as U.S.-China trade dispute impacts demand outlook
Crude oil prices plunged Thursday as the market weighed concerns global demand growth would fall in 2019. A rebound from late December lows seemed to stall due to worries a trade war between the U.S.- Joe Barone, Shale Directories
- Blog
- February 7, 2019
Crude oil rises Wednesday on tightening supply
Crude oil prices rose Wednesday, helped by signs of strong U.S. demand for distillate products and tightening global crude supply. Gains were capped by a rising U.S.- Joe Barone, Shale Directories
- Blog
- February 7, 2019
Trump touts U.S. as net energy exporter in SOTU, but he’s early
President Trump during Tuesday night’s State of the Union (SOTU) address, touted “a revolution in American energy” that has made the U.S.- Joe Barone, Shale Directories
- Blog
- February 6, 2019
U.S., Brent crudes fall as weak factory data feeds demand angst
Crude oil prices fell in roller coaster trading Tuesday, pulling back from two-month highs after weak U.S. factory orders data revved up economic slowdown worries.- Joe Barone, Shale Directories
- Blog
- February 4, 2019
Crude oil rises on strong U.S. jobs data, sanctions
West Texas Intermediate and Brent crude oil prices rose Friday, after positive U.S. jobs data strengthened expectations for higher fuel demand, plus signs U.S.- Joe Barone, Shale Directories
- Blog
- February 2, 2019
ExxonMobil ramping up Permian production
ExxonMobil is ramping up its Permian Basin production in West Texas and New Mexico, Kallanish Energy reports. It also reported last week its Q4 2018 liquids production was up 4% from one year earlier, driven by Permian production.- Joe Barone, Shale Directories
- Blog
- February 1, 2019
ExxonMobil streamlining upstream organization to assist growth
ExxonMobil said Thursday it will streamline its upstream organization and centralize project delivery companywide to support previously announced plans to double operating cash flow and earnings by 2025.- Joe Barone, Shale Directories
- Blog
- February 1, 2019
Oil surges by double-digit percentages
Crude oil prices surged in January, posting its best January performance in years, breaking a three-month losing streak that saw futures lose nearly half their value.- Joe Barone, Shale Directories
- Blog
- January 31, 2019
GE combining renewable and power grid assets
Beleaguered multinational conglomerate General Electric said Wednesday it will consolidate all of the company’s renewable and power grid assets into a single Renewable Energy business.- Joe Barone, Shale Directories
- Blog
- January 31, 2019
Oil rises on tighter U.S. supply, Venezuela sanctions
Crude oil prices rose Wednesday, boosted by U.S. government data that showed signs of tightening supply, while investors remain concerned about supply disruptions following U.S.- Joe Barone, Shale Directories
- Blog
- January 30, 2019