Oil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies. The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to cut 1.2 million barrels per day (bpd) since Jan. 1. He said fears of a global economic downturn were “exaggerated,” and […]
Occidental Petroleum and Colombia’s Ecopetrol have announced a $1.5 billion joint venture to develop acreage in the Midland Basin. The joint venture is comprised of 97,000 net acres of Occidental’s holdings. This is across Andrews, Ector, Glasscock, Howard, Martin, Midland, Reagan, and Upton counties. The acreage includes 4,700 gross locations with rights to multiple benches. […]
https://www.rangerminerals.com/wp-content/uploads/2019/08/920x920-Cropped-4.jpg286763Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-08-14 18:00:052023-09-28 14:40:30Occidental Petroleum and Columbia Ecopetrol form $1.5 Billion Joint Venture
Saudi Arabia has said it planned to maintain its crude oil exports below 7 million barrels per day in August and September to bring the market back to balance and help absorb global oil inventories The United Arab Emirates also will continue to support actions to balance the oil market, the country’s energy minister Suhail […]
https://www.rangerminerals.com/wp-content/uploads/2019/08/1702966-1246075590-Cropped.jpg286670Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-08-14 17:00:462019-08-14 16:26:45Oil prices rise on expectations of more OPEC output cuts
Oil steadies as Saudi, Kuwait signals offset demand fears
IndustryOil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies. The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to cut 1.2 million barrels per day (bpd) since Jan. 1. He said fears of a global economic downturn were “exaggerated,” and […]
Occidental Petroleum and Columbia Ecopetrol form $1.5 Billion Joint Venture
IndustryOccidental Petroleum and Colombia’s Ecopetrol have announced a $1.5 billion joint venture to develop acreage in the Midland Basin. The joint venture is comprised of 97,000 net acres of Occidental’s holdings. This is across Andrews, Ector, Glasscock, Howard, Martin, Midland, Reagan, and Upton counties. The acreage includes 4,700 gross locations with rights to multiple benches. […]
Oil prices rise on expectations of more OPEC output cuts
IndustrySaudi Arabia has said it planned to maintain its crude oil exports below 7 million barrels per day in August and September to bring the market back to balance and help absorb global oil inventories The United Arab Emirates also will continue to support actions to balance the oil market, the country’s energy minister Suhail […]