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Oil prices log over 11% weekly rise, with OPEC+ set to meet Saturday to discuss extension of output cuts - MarketWatch

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Crude-oil futures ended sharply higher Friday, supported by news that major oil producers will convene Saturday to discuss plans for extended productions cuts, while an unexpected monthly climb in U.S. jobs suggested a recovery in energy demand mat be at hand. The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, said they would hold meetings via videoconference on Saturday, with the OPEC member conference set to begin at 2 p.m. Central European time, or 8 a.m. Eastern time, and an OPEC+ conference to begin two hours later. The major oil producers are expected to reach an official agreement to extend record oil production cuts of 9.7 million barrels a day through July, according to The Wall Street Journal. The group decided to move forward a meeting that had been planned for June 9-10, after a tentative plan to meet on June 4 fell apart. Read: Why OPEC+ effort to stabilize oil prices points to potential supply deficit unless shale outpu
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This Non-OPEC Producer Boosted Its Output Ahead Of Historic Deal - OilPrice.com

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This Non-OPEC Producer Boosted Its Output Ahead Of Historic Deal - OilPrice.com This Non-OPEC Producer Boosted Its Output Ahead Of Historic Deal - OilPrice.com Traders Wary as “Super Contango” Drives WTI Toward $10.00 - City Index The Energy Bulletin Weekly 20 April 2020 - Resilience This Non-OPEC Producer Boosted Its Output Ahead Of Historic Deal - OilPrice.com Posted: 14 Apr 2020 10:00 AM PDT Oman increased its crude oil and condensate production in March by nearly 13 percent from February, after the collapse of the OPEC+ deal early last month, according to  data  from the Ministry of Oil and Gas of the Arab Gulf producer part of the non-OPEC nations in the OPEC+ pact.   Oman's crude oil and condensate production rose by 12.83 percent month on month to stand at 1.078 million barrels per day (bpd) in March, Times of Oman reported on Tuesday, citing data from the oil and gas ministry. Although the sultanate booste
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Painted Pony Announces Fourth Quarter and Full Year 2019 Financial and Operating Results, 2019 Year-End Reserves, and Improved Cost Structures - GlobeNewswire

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Painted Pony Announces Fourth Quarter and Full Year 2019 Financial and Operating Results, 2019 Year-End Reserves, and Improved Cost Structures - GlobeNewswire Painted Pony Announces Fourth Quarter and Full Year 2019 Financial and Operating Results, 2019 Year-End Reserves, and Improved Cost Structures - GlobeNewswire Posted: 11 Mar 2020 12:00 AM PDT CALGARY, Alberta, March 11, 2020 (GLOBE NEWSWIRE) -- Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce fourth quarter and full-year 2019 financial and operating results, year-end 2019 reserves, 2020 first-half capital spending, and anticipated future reductions to transportation, processing, and general and administrative expenses (" G&A ").   HIGHLIGHTS Reduced bank debt at 2019 year end by 26% or $43 million to $120 million when compared to 2018 year-end bank debt of  $163 million; Closed the sale of a 75% work
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