OIL Oil prices set for worst daily drop since April on inventories, bearish FedOil & Gas 360, June 11, 2020  Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy would shrink 6.5% this year. Russia charges Arctic city mayor with bungling fuel spill … read more

OIL Oil and gas production ETF paces for best quarter on record, but traders say it’s still a ‘show-me story’Oil & Gas 360, June 10, 2020 Oil and gas stocks are defying the odds.  The SPDR S&P Oil and Gas Exploration and Production ETF (XOP) is having its best quarter on record, up over 102% since April 1 despite concerns … read more

OIL Oil companies win some tax reliefViews and News from Norway, June 8, 2020 The leaders of Norway’s three largest opposition parties in Parliament finally struck a compromise with the government on Monday that offers some tax relief to oil companies on the Norwegian continental shelf, but not as much as they wanted. The goal is to preserve jobs, even … read more