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"Total has said it will sell $5bn of assets by the end of this year as the company focuses on businesses that can be operated at lower cost." https://www.ft.com/content/942ef3c8-48b0-11ea-aee2-9ddbdc86190d …
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC -
#OIL#OOTT#WTI Oil jumps more than 4% on reports of effective#coronavirus drughttps://cnb.cx/2GThyty -
#OIL#OOTT#WTI#Coronavirus live updates:#WHO says new cases surged over 24 hours,#US accepts 4 new flights from#Wuhanhttps://cnb.cx/2SlNegl -
#OIL#OOTT#WTI Oil prices could slide further as#coronavirus outbreak continues, analyst sayshttps://cnb.cx/3951ReI -
Oil’s move was on the back of “a cheap headline about a university in China finding a drug.” He remained skeptical that oil prices would rally further. --Edward Marshall, Global Risk Management https://www.wsj.com/articles/oil-prices-rebound-after-taking-brunt-of-coronavirus-hit-11580904588?mod=searchresults&page=1&pos=1 …
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC -
"Conoco managed to roughly balance all this, raising underlying production & shareholder payouts as well as replacing reserves, despite a 9.5% drop in average realized prices." --Liam Denning https://www.bloomberg.com/opinion/articles/2020-02-04/conocophillips-earnings-forget-the-miss-mind-the-immune-system …
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC -
“The short-term damage to oil demand from China has already occurred...The upside potential may still depend on action from OPEC+.” --Ole Hansen, Saxo Bank https://www.bloomberg.com/news/articles/2020-02-04/oil-extends-rout-as-rising-u-s-supplies-add-to-virus-worries …
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC -
#OIL#OOTT#WTI#Coronavirus global death toll soars to nearly 500https://cnn.it/3blPixQ -
#OIL#OOTT#WTI#Coronavirus updates:#HongKong reports first death as mainland#China cases cross 20,000https://cnb.cx/3b2IiWt -
#OIL#OOTT#WTI Oil drops 2.8% on#coronavirus fears, dips below $50 per barrelhttps://cnb.cx/3b7QnZM -
#OIL#OOTT#WTI#Coronavirus is going to 'paralyze#China' — El-Erian warns against buying dipshttps://cnb.cx/2uZgZvw -
As coronavirus saps global demand for oil, OPEC looks to curtail supply to boost price.
#WTI https://www.wsj.com/articles/saudis-mull-drastic-oil-cuts-in-response-to-coronavirus-11580728630 … -
Oil extends decline on concerns about virus' impact on China demand https://cnb.cx/36TKCLW
#WTI#CrudeOil#Oilpic.twitter.com/oNYpmo4lsg
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#OIL#OOTT#WTI#Coronavirus looks increasingly like a#pandemic, experts sayhttps://a.msn.com/r/2/BBZzYIk?m=en-us&ocid=News … -
#Oil#WTI Oil is approaching important area. Read more: https://seekingalpha.com/instablog/51211159-valknut-analytical/5404076-crude-oil-trading-thoughts … -
#WTI trading on the#WHO presser ... but presser has yet to start. https://www.cnbc.com/2020/01/30/watch-who-officials-announce-whether-coronavirus-is-a-global-health-emergency.html?__source=Facebook … I don't like the link but whatever. -
"Jet fuel prices have dropped & refiners’ profits for the product have slumped to lowest in more than 2.5 years, while industry analysts are cutting 2020 forecasts for jet fuel & overall oil demand." https://www.reuters.com/article/us-china-health-oil-demand/asia-jet-fuel-demand-slumps-as-airlines-cancel-flights-after-virus-outbreak-idUSKBN1ZR0SA …
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC -
"The appointment comes at a delicate time for Qatar. A 3-year standoff with Saudi Arabia, the UAE, Bahrain & Egypt continues to cast a pall over regional politics." https://www.bloomberg.com/news/articles/2020-01-28/qatar-emir-names-khalid-bin-khalifa-al-thani-as-prime-minister …
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC -
Oil fell into a bear market today, as traders fear the coronavirus outbreak will hit demand • WTI settled at $53.14/barrel, the lowest since Oct. 15 • Brent settled at $59.32/barrel, below the closely-watched $60 mark
https://cnb.cx/2uyg05j #OOTT#oil#wti#coronavirus
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