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In today's #oilandgas  #podcast , from bankruptcies and asset fire sales to job losses and record declines in crude production, drilling activity levels not seen since 1940 are affecting every corner of the oil and gas industry.

#ICYMI: U.S. crude #oil  production in May has a record monthly decrease.

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IG Client Sentiment hints that the Dow Jones and crude oil prices may accelerate higher while USD/CAD resumes its dominant downtrend. What are key technical levels to watch for? Find out from @ddubrovskyFX  here:

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Saudi Arabia’s oil company (the world’s largest crude producer) maintained its $18.75 billion quarterly dividend Annually, the dividend costs it $75 billion #cleanenergy  #renewableenergy  #oil  #energytransition  #SaudiArabia 

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As of Aug. 3, daily spot prices for Brent and West Texas Intermediate crude oil were $43.76 and $40.83 per barrel, respectively. See FRED for more spot prices from @EIAgov :

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BREAKING: Crude oil price falls to $13.5, the lowest since 1999.

Crude Oil prices going up as Saudi Arabia cuts production levels. Our great Energy Companies, with millions of JOBS, are starting to look very good again. At the same time, gasoline prices at record lows (like a big Tax Cut). The BEST of all Worlds. “Transition To Greatness

BREAKING: WTI crude oil futures trade at negative price for first time

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Crude oil price One month ago: $52 Two weeks ago: $47 One week ago: $32 Now: $21.1

U.S. crude oil futures fall below $0 for the first time in history

BREAKING: Crude oil prices have plunged to $17.8, the lowest in eighteen years.

Great steps today, @realDonaldTrump  said the federal government will waive interest on federal student loans and would purchase additional crude oil for the nation’s reserves

An estimated 3M gallons of crude oil created a massive oil slick on our beautiful shore during the Santa Barbara oil spill. We said we’d never allow this to happen again, yet the Trump Administration wants to expand offshore drilling. We must stop it.

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