Oil Futures Looking Up After OPEC+ Extended Output Cuts To July
On June 7, the crude oil futures were volatile but tilting higher after OPEC+ nations agreed on June 6 to extend a production cut to almost 10 million barrels per ...
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Tag: oil shales
Offshore Oil On The Verge Of Collapse
Spending cuts, project cancellations, and well shut-ins are some of the problems affecting the onshore oil producers. These troubles have now also spread offshore, which threatens the existence of the ...