Northern Oil & Gas (NOG) recently refinanced its 8.125% unsecured notes due March 2028 with new 7.875% unsecured notes due October 2033. This makes Northern's next note maturity its 3.625% convertible ...
A record short position in oil and energy stocks has led to a historic short squeeze, driving prices sharply higher. Goldman Sachs predicts that Brent crude could reach $90 or higher if the conflict ...
TotalEnergies is slashing annual capex by $1B for four years, while Chevron, ConocoPhillips, and shale majors are cutting jobs and investment. U.S. shale drilling is slowing, OPEC+ is underdelivering ...
Oil-price risks from Venezuela’s tumult were likely ambiguous and modest, depending on how the U.S.’s sanctions policy evolves, Goldman Sachs’s Commodities Research team said.