US oil producers are struggling to defend margins at $60 WTI due to additional corporate costs that raise the all-in breakeven price. Trade policies and market volatility are threatening US oil production growth, particularly in the Permian Basin, as companies may need to cut back activity to maintain investor payouts. Increased hurdle rates and debt […]
Continue ReadingWeekly Daily Standup Top Stories 25 States Sue EPA Over Unachievable Power Plant Regulations May 11, 2024 Stu Turley West Virginia and Indiana are leading a group of 25 states asking for the U.S. Court of Appeals for the District of Columbia to declare the U.S. Environmental Protection Agency’s new rule on coal, natural […] US House […]
Continue ReadingDaily Standup Top Stories OPEC, IEA at most divided on oil demand since at least 2008 March 12, 2024 Mariel Alumit LONDON, March 11 (Reuters) – Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years […] […]
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