Trump pledges funds for oil industry to avert deeper job losses   President Donald Trump said his administration is working…

WTI negative again, Brent feels the squeeze – Rystad comments   Any hopes that yesterday’s market carnage would be a…

Oil back up from 40 – Rystad Energy comments   Physical oil market broken beyond recognition as market realizes the…

Oil drops below $0, signaling extreme collapse in demand   The extraordinary decline in economic activity around the world pushed…

Negative oil prices are real now -Rystad Comments   It’s like trying to explain something that is unprecedented and seemingly…

Global shut-ins surge: Canada, Iraq and Venezuela lead the 2 million bpd wave   After three consecutive months of Covid-19…

Oil on a free fall again -Rystad Energy comments   The real problem of the global supply-demand imbalance has started…

Bailing out the oil industry brings a fate worse than death Whenever things went wrong growing up, my dad would…

Diamond Offshore Drilling – Prepare For Bankruptcy After Company Skips Interest Payment And Retains Advisors   On Thursday morning, leading…

Number of active US drilling rigs decreases this week   The number of active drilling rigs in the United States…