The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
U.S. Oil Companies Are ‘Battening Down the Hatches’
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Commodities, Company Reports, Customs (Tariff), Diamondback Energy Inc., Drilling and Boring, International Energy Agency, International Trade and World Market, Layoffs and Job Reductions, Natural Gas, Oil (Petroleum) and Gasoline, Organization of the Petroleum Exporting Countries, Permian Basin (North America), Prices (Fares, Fees and Rates), Production, Saudi Arabia, Trump, Donald J, United States Economy, United States Politics and Government
