Reduced demand for crude oil has led to changes in the industry as storage run lows and curveballs continue to be thrown.
11/13/2020 [Record-Breaking Hurricane Season Results In Biggest Offshore Oil Output Decline In Decade]
8/8/2020 [The Dallas Morning News: “Drilling drops to 15-year low in Permian Basin and other U.S. oil patches” ]
8/6/2020 [Oil Price.com: “US shale remains in survival mode for another year”]
8/2/2020 [Oil and Gas 360: “Bankruptcy filings by US enerygyproducers at 4-year high”]
7/8/2020 [Zero Hedge: “WTI slides after big crude inventory build”]
7/3/2020 [Caixing Global: “China is about to run out of places to store crude oil”]
4/7/2020 [CNBC: “Oil drops 9% as oversupply concerns outweigh hopes for a global production cut”]
4/3/2020 [Marketplace: “Why are oil prices so low?”]
4/1/2020 [USA Today: “Oil industry near collapse”]
3/20/2020 [NPR: “Barreling toward an epic glut of oil”]
3/16/2020 [SP Global: “Covid-19 price war could lead to extreme oil supply surplus”]