Strong Indicators Give Boost to Oil Price

The price of oil received a boost after an April 11 announcement by the two largest oil-producing nations revealed that they were considering continuing production cuts. Their announcement, coupled with a decrease in the overall level of crude stocks in the U.S., helped feed into the price gains. Reports were…

Support OILMAN Magazine

Please Log In to view this content.

Not a subscriber? Please Subscribe here for unlimited access.

Author Profile
Digital Content Manager
3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

Related posts