OIL – What’s happening in other “oil” states? North Dakota launches task force to aid oil industry recoveryAlan Kovski, Oil & Gas Journal, May 7, 2020 North Dakota has launched a task force to help the oil industry and its service sectors recover from the demand shock of the coronavirus pandemic. The Bakken Restart Task Force is reviewing and will … read more
OIL Cost challenges in a US$20/bbl world: A new approach is needed to ensure supply sector resilience Wood Mackenzie, May 5, 2020 How will US$20/bbl affect the oil and gas supply chain? It’s going to get tough, very tough. The service sector is already on the ropes but will be first port of call when operators look to save money. … read more
OIL Oil jumps 18% in fifth day of gains on demand recovery and production cuts Oil & Gas 360, May 5, 2020 Oil prices surged on Tuesday as optimism around ongoing production cuts and a recovery in demand with the reopening of economies around the world pushed prices higher. Goldman Sachs Predicts $51 Oil in 2021 Tsvetana Paraskova, OILPRICE.com, May … read more
