Occidental Posts $8 Billion Loss, Outlines Oil Production Cuts
In the Permian, where it became the largest operator through the Anadarko purchase, shale output will drop 37% this year, it said.
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Daily news on crude oil and natural gas markets: prices and benchmarks, OPEC+ policy, inventories and strategic reserves, shipping and the Strait of Hormuz, LNG projects, refining and corporate deals.
How often is the energy news page updated?
New stories are added every business day, usually several times a day. The latest story on this page was published on 1 May 2023 02:30.
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Benchmark prices for WTI, Brent, Dubai, Murban and the OPEC Basket are in the sidebar, and daily prices for all 281 tracked crude grades are on the Crude Oil Prices page. Subscribers get full price history and Excel downloads.