World Oil's Daily Brief

World Oil's Daily Brief


Daily Brief, Friday, December 27th, 2019

December 27, 2019

Today's topics include:



  • According to the Federal Reserve Bank of Dallas, the Texas oil sector continues contracting amid ‘challenging’ conditions;
  • Trump’s sanctions have led Allseas to halt its work on Putin’s Nord Stream 2 gas pipeline;
  • ExxonMobil and its partners have made another major oil discovery in the Stabroek block offshore Guyana;
  • Apache and Total have formed a joint venture to explore offshore Suriname;
  • Analysts see few surprises in 2020 as OPEC+ cuts trim the global oil surplus.