OPEC+ Announces Production Cuts Sending Oil Price Upward


While the surprise announcement of oil production cuts of 1.66 million barrels per day from OPEC+ members sent prices soaring on international markets this week, the price of natural gas in the U.S. has dropped to unusually low levels. Just before OPEC+ members were scheduled to meet on Monday, April…

Support OILMAN Magazine

Please Log In to view this content.

Not a subscriber? Please Subscribe here for unlimited access.

Author Profile

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.

Related posts