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Is the Biggest Production Cut Deal Big Enough to Save Oil? http://www.zacks.com/stock/news/868488/is-the-biggest-production-cut-deal-big-enough-to-save-oil?cid=CS-ZC-FT-analyst_blog|industry_focus-868488 Apr 13, 2020 - Member countries of the OPEC+ group, looking to shore up prices, agreed to slash output by 10 million barrels per day, equal to roughly 10% of current worldwide production.
Occidental seeks federal lifeline for oil industry https://www.chron.com/business/energy/article/Occidental-Seeking-Federal-Lifeline-For-U-S-Oil-15190297.php Apr 09, 2020 -

In a sign of how important the appeal is to Chief Executive Officer Vicki Hollub, employees are being urged to send a pre-written wish list to Congress members.

Plains All American to Take Actions for Preserving Liquidity http://www.zacks.com/stock/news/860957/plains-all-american-to-take-actions-for-preserving-liquidity?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-860957 Apr 08, 2020 - Plains All American Pipeline (PAA) is set to take initiatives to preserve liquidity amid significant decline in crude oil price and demand caused by the outbreak of COVID-19.
Oil Drillers Remove Rigs From Permian Basin & Eagle Ford http://www.zacks.com/stock/news/856988/oil-drillers-remove-rigs-from-permian-basin-eagle-ford?cid=CS-ZC-FT-analyst_blog|industry_focus-856988 Apr 06, 2020 - Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.
Trump convenes fractious U.S. oil rivals in bid to reverse rout https://www.chron.com/business/energy/article/Trump-to-Get-Earful-on-Tariffs-in-Meeting-With-15177414.php Apr 03, 2020 -

Chief executives of the nation’s biggest refiners and producers are expected to discuss possible relief efforts from the administration.

Whiting Petroleum Files for Bankruptcy Amid Oil Price Crash http://www.zacks.com/stock/news/850819/whiting-petroleum-files-for-bankruptcy-amid-oil-price-crash?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-850819 Apr 02, 2020 - Denver-based Whiting Petroleum (WLL) files for bankruptcy as the global oil market has collapsed due to weakness in oil prices and slackness in demand.
Delek Logistics (DKL) Acquires Big Spring From Delek US http://www.zacks.com/stock/news/850637/delek-logistics-dkl-acquires-big-spring-from-delek-us?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-850637 Apr 02, 2020 - Delek Logistics (DKL) acquires the Big Spring Gathering System from Delek US. The acquired assets are likely to be immediately accretive to Delek Logistics' distributable cash flow per unit.
Trump to Meet With U.S. Oil CEOs to Discuss Aid for the Industry https://www.fool.com/investing/2020/04/01/trump-to-meet-with-us-oil-ceos-to-discuss-aid.aspx?source=iedfolrf0000001 Apr 01, 2020 - A serious oversupply of crude combined with plunging global demand is devastating the U.S. oil patch.
Devon to Cut 2020 Spending Again Amid Choppy Oil Prices http://www.zacks.com/stock/news/847760/devon-to-cut-2020-spending-again-amid-choppy-oil-prices?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-847760 Mar 31, 2020 - Devon Energy (DVN) decides to lower its planned 2020 capital expenditure again by $300 million to safeguard liquidity amid falling crude oil prices.
Oil Demand Could Fall the Equivalent of Saudi Arabia AND Russia's Production: What It Means for Oil Stocks https://www.fool.com/investing/2020/03/31/oil-demand-could-fall-the-equivalent-of-saudi-arab.aspx?source=iedfolrf0000001 Mar 31, 2020 - It's not good.

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