
Fri Sep 06 17:12:00 UTC 2024: – Asia’s refining margins have dropped to a 2020 low as peak summer demand ends
– The total number of active drilling rigs for oil and gas in the United States fell by 1 to 582
– U.S. crude oil production remained steady at 13.3 million bpd
– Primary Vision’s Frac Spread Count decreased to 222, the lowest in three years
– Oil prices fell despite OPEC+ agreement to delay production output ramp-up
– WTI benchmark trading at $67.38 and Brent benchmark at $70.84
– Toyota slashes EV production goal amid global slowdown
– Russia ships LNG straight to storage as sanctions bite
U.S. Oil, Gas Drillers Ease Up As Prices Crash
U.S. Oil, Gas Drillers Ease Up As Prices Crash