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Page 42 - Oili News Today : Breaking News, Live Updates & Top Stories | Vimarsana

OPEC+ cuts risk oil supply deficit, threaten economic recovery -IEA

Output cuts announced by OPEC+ producers risk exacerbating an oil supply deficit expected in the second half of the year and could hurt consumers and global economic recovery, the International Energy Agency (IEA) said on Friday.

TotalEnergies offshore workers balloting on strike action, Unite says

British union Unite said on Friday that some 70 workers employed by TotalEnergies based on the Elgin Franklin and North Alwyn platforms along with the Shetland Gas Plant were being balloted for strike action.

US oil activity in Colorado, Wyoming slip, further slowing ahead

Oil and gas activity in the U.S. Midwest and Mountain West states declined in the first quarter and is expected to continue to slow, according to a survey released on Friday by the Federal Reserve Bank of Kansas City.

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