Ozias Oilfield Solutions

"At $50/Barrel, Oil Risks 'Reverse Goldilocks' Syndrome, Analyst Says" https://t.co/UjS7rIPvSd

At $50/Barrel, Oil Risks 'Reverse Goldilocks' Syndrome, Analyst Says | Oil and Gas Investor Oil's battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too low to lure fresh investor bulls and too high to force more production offline.Global oil production has fallen by nearly 1 million barrels per day (MMbbl/d) in the last year to just over 95 MMbbl/d,…

"Crude Prices On The Rise For First Time In Seven Days" https://t.co/MCzNJ3H3Uu

Crude Prices On The Rise For First Time In Seven Days | Oil and Gas Investor Crude oil prices rose on June 17 for the first time in seven days, but trading remains volatile less than a week before Britain goes to the polls over its European Union (EU) membership.Brent crude futures were up $1.11 at $48.30 a barrel by 6:42 a.m. CT (11:42 GMT), having dropped 3.6% in the previ...

Newfield to acquire STACK acreage from Chesapeake unit https://t.co/TEJF53uSSn

Newfield to acquire STACK acreage from Chesapeake unit Newfield Exploration Co., The Woodlands, Tex., has agreed to acquire 42,000 net acres in the Anadarko basin STACK play of Oklahoma from a subsidiary of Chesapeake Energy Corp., Oklahoma City, for $470 million. The deal is effective Apr. 1, and is expected to close during the second quarter.

OTC: Panelists say deepwater can help fill oil output void https://t.co/E7qtxd6Kc8

OTC: Panelists say deepwater can help fill oil output void “Something has to give” in this languishing oil market, and one industry observer and his firm “are quite convinced that oil prices have to give quite a lot.”