Crude oil faces another critical deadline

Crude Oil Faces Another Critical Deadline

RMI Supply

Next week will be critical for the oil industry as the June contracts expire on Thursday, May 19, for West Texas Intermediate traded on the New York Mercantile Exchange. On April 20, the last day of trading for May contracts, WTI closed at -$37 per barrel. It was the first…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.


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.

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