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Saudis Discussing Options to Halt Oil Slide | Gulf Coast Oil Rig Equipment & Repair



Saudi Arabia has phoned other oil producers to discuss possible policy responses.

(Bloomberg) -- Saudi Arabia has phoned other oil producers to discuss possible policy responses as oil prices fell to a seven-month low, a Saudi official said.

Published: 07 August 2019

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Oil Rebounds as Saudis Seek to Stem Slide | Gulf Coast Oil Rig Equipment & Repair



Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout.

(Bloomberg) -- Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout that’s been driven by the worsening U.S.

Published: 07 August 2019

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Oil Rebounds From Seven-Month Low | Gulf Coast Oil Rig Equipment & Repair



Oil advanced for the first time this week after Saudi Arabia signaled it's taking steps to stabilize the market, which has been rocked by the escalating U.S.
Published: 07 August 2019

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Chevron Phillips to Supply Pipe to EVX Midstream | Gulf Coast Oil Rig Equipment & Repair



Performance Pipe, a division of Chevron Phillips Chemical Company LP, will supply high-density polyethylene pipe to EVX Midstream Partners LLC to help in the Eagle Ford Basin.
Published: 07 August 2019

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Alberta's Oil Limits Seem to be Working | Gulf Coast Oil Rig Equipment & Repair



Alberta's oil oil rig flanges gulf coast production curbs finally appear to be draining inventories, at least for now.

(Bloomberg) -- Alberta’s oil oil rig flanges gulf coast production curbs finally appear to be draining inventories, at least for now.

Published: 07 August 2019

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US Cuts Brent Oil Price Forecast | Gulf Coast Oil Rig Equipment & Repair



The U.S. Energy Information Administration has cut its Brent spot price forecast.

The U.S. Energy Information Administration (EIA) has cut its Brent spot price forecast to $64 per barrel in the second half of 2019 and $65 per barrel in 2020 in its latest short-term energy outlook (STEO).

Published: 06 August 2019

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Brent Extends Loss After Entering Bear Market | Gulf Coast Oil Rig Equipment & Repair



Brent extended losses after falling into bear buy Wellhead market as concern the U.S.-China trade war will continue to sap demand outweighed an industry report showing American crude stockpiles are still shrinking.
Published: 06 August 2019

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China Rescues Venezuela's Worn Oil Refineries | Gulf Coast Oil Rig Equipment & Repair



A Chinese contractor has agreed to shore up Venezuela's derelict refining network to ease fuel shortages.

(Bloomberg) -- A Chinese contractor has agreed to shore up Venezuela’s derelict refining network to ease fuel shortages, potentially complicating the Trump administration’s push for regime change in the oil-rich country.

Published: 06 August 2019

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Oil Crashes to 7-Month Low | Gulf Coast Oil Rig Equipment & Repair



Oil plunged to lows not seen since January as a surprise surge in American crude stockpiles fueled worries about a growing glut amid a dismal economic outlook.
Published: 06 August 2019

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Is the US Shale Boom Winding Down? | Gulf Coast Oil Rig Equipment & Repair



US shale producers are dialing back growth in the face of challenges that are killing returns and keeping skeptical investors away.

Published: 05 August 2019

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  1. Oxy Begins Bond Sale to Fund Anadarko Deal | Gulf Coast Oil Rig Equipment & Repair
  2. Oil Slumps Into Bear Market | Gulf Coast Oil Rig Equipment & Repair
  3. Trump Imposes New Sanctions on Venezuela | Gulf Coast Oil Rig Equipment & Repair
  4. It Pays to be Thin at Pemex | Gulf Coast Oil Rig Equipment & Repair

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