RUSSIA AND SAUDI OIL WAR COULD BENEFIT SHALE GAS INDUSTRY, SAY OIL ANALYSTS

Highlights:

• The oil price war between Saudi Arabia and Russia could hurt American shale oil and gas companies.
• However, this oil war may benefit the shale gas industry in Pennsylvania, according to a senior analyst at S&P Global Platts.

MAJOR AMERICAN OIL PRODUCERS LOOK TO SLASH BUDGETS BY 30% FOR THE YEAR

Highlights:

• US President Donald Trump announced his plan to buy 90 million barrels of natural oil to be stored in the petroleum reserve.
• However, experts believe it is unlikely to change the trajectory of calculations through the week as the future lo...

OIL WAR BETWEEN RUSSIA AND SAUDI BEGIN DESPITE PRICES CRASHING BY 25%

Highlights:

• Russia has begun what may turn out to be the biggest oil price wars in recent history against Saudi Arabia.
• Amid the face-off between the two major natural oil superpowers, American and Asian oil companies may end up suffering major impact...

SAUDI-RUSSIA ALLIANCE UNDER PRESSURE AS COVID-19 CONTINUES TO SAP GLOBAL OIL DEMAND

Highlights:

• Several major OPEC and non-OPEC producers (referred to as OPEC+) to meet in Vienna, Austria today.
• All parties are expected to agree on a deeper round of oil production cuts in an effort to stabilize prices, despite uncertainty over the sc...

EXPERTS FORECAST AN INEVITABLE SHALE DECLINE AS OIL PRICES REACH ALL-TIME LOW

Highlights:

• The U.S. shale industry continues to show signs of rapidly slowing down over the weeks.

• Production declining in major shale basins outside of the Permian reported by sources.

• Overwhelming economic st...

EQUINOR DISCONTINUES CONTROVERSIAL OIL DRILLING PLANS ON GREAT AUSTRALIAN BIGHT

Highlights:

• On Tuesday, Equinor claimed a review of its global exploration portfolio pointed towards better opportunities for new fields elsewhere.
• Equinor has decided to scrap out its plans to drill the Stromlo-1 exploration too because the opportuni...

IRAN GEARS UP TO IMPROVE OIL RECOVERY RATES, OFFERS CONTRACT WORTH USD 1.3 BILLION

Highlights:

• The Islamic Republic’s Petroleum Minister, Bijan Zanganeh, announced last week that the country is awarding a contract worth USD 1.3 billion.
• The contract aims to improve oil recovery at two onshore oil fields in the MAPNA Group, whi...

Natural ways to get thicker hair

Most of the online platforms are full of discussions on hair growth and this trend is steadily growing. Irrespective of gender, people like to keep long and thick hair, for years. However, to achieve this one is required to make use of available solutions. Hair maintenance is indeed a very challe...