Monday, January 6, 2025
‘Big uncertainty’ over US oil output in 2020 will be critically important to oil prices, analysts say- oil and gas 360

‘Big uncertainty’ over US oil output in 2020 will be critically important to oil prices, analysts say

CNBC The question of how much crude U.S. producers may be able to add this year could be pivotal for oil prices in 2020, analysts told CNBC, while warning of the potential for “vicious corrections” in the coming months. Speaking to CNBC’s “Squawk Box Europe” on Thursday, Chris Weafer, a senior partner at Macro-Advisory, suggested three “critical factors” were set to have

OPEC output falls as Gulf nations step up delivery of oil cuts- oil and gas 360

OPEC output falls as Gulf nations step up delivery of oil cuts

Houston Chronicle OPEC’s output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets. Saudi Arabia, Iraq and the United Arab Emirates reduced production in December, the final month of a round of restrictions by the cartel before it presses on with new — and even deeper — curbs this

Paramount Resources Ltd. announces renewal of normal course issuer bid- oil and gas 360

Paramount Resources Ltd. announces renewal of normal course issuer bid

Oil and Gas 360 CALGARY, Jan. 2, 2020 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX:POU) announces that its board of directors has approved the implementing of a normal course issuer bid (“NCIB”).  A Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the “TSX”). Paramount is implementing