MARKET WATCH: NYMEX holds above $50/bbl pending OPEC meeting outcome

The front-month contract for light, sweet crude oil on the New York Mercantile Exchange gained nearly $1 to settle above $50/bbl May 19 pending the outcome of a May 25 meeting of the Organization of Petroleum Exporting Countries in Vienna. Source: News


Concho Resources makes COO, other executive appointments

Joe Wright has announced his intention to retire as executive vice-president and chief operating officer of Concho Resources Inc. in January 2019. He’ll be succeeded by Will Giraud. Source: News