Page 1 - NorthAmOil Week 14
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Issue 598 09•April•2020 Week 14
First casualty
Shale producer Whiting Petroleum has filed for bankruptcy protection, and many others are set to follow unless oil prices improve.
Expecting cuts
US President Donald Trump has expressed confidence that Russia and Saudi Arabia will agree to cut their oil production this week.
Resuming trade
Shipments of US LNG to China are resuming after Beijing has reportedly started granting tax waivers to certain importers of the super-chilled fuel.
Frozen assets
Premier Oil has said it will exit the Area A joint venture in which it partners with 88 Energy on Alaska’s North Slope.
