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b'China\\u2019s Fuel Thirst Nurses Asia\\u2019s Oil Market Back to Health
https://www.bloomberg.com/amp/news/articles/2020-05-29/china-s-fuel-export-cuts-are-saving-asia-refiners-from-more-pain
- China isn\\u2019t allowing local refiners to sell so much fuel to Indonesia and other importers in the region due
- Diesel strong performer as lockdowns in Asia have eased, but will we see a similar recovery in the United States? Diesel indicators have been weak and are even weaker in the U.S. (indicator of industrial activity)

Occidental Nearly Eliminates Dividend Amid Low Oil Prices
https://www.wsj.com/articles/occidental-nearly-eliminates-dividend-amid-low-oil-prices-11590778229
- (New spin) To keep shareholder trust, saves dividend! Oxy dividend is cut to 1 cent per share
- Share prices were down 5% on Friday, but rebounded on Monday up 6%

OPEC delivers three quarters of record oil cut in May: survey
https://uk.reuters.com/article/us-oil-opec-survey/opec-delivers-three-quarters-of-record-oil-cut-in-may-survey-idUKKBN23520D
- Only 77% compliance - Nigeria and Iraq are the laggards

OPEC+ discussing advancing meeting on oil production cuts to June 4
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/053020-opec-discussing-advancing-meeting-on-oil-production-cuts-to-june-4

Russia has no objection to earlier OPEC+ meeting: sources
https://www.reuters.com/article/us-oil-opec-meeting/russia-has-no-objection-to-earlier-opec-meeting-sources-idUSKBN2370IS

- OPEC meeting moved to June 4, still waiting on OPEC+ meeting
- Will they extend current cuts for another 2 months or will they allow cuts to expire As planned and production to increase by another 2 million bpd

Oil prices fall as U.S. fuel demand remains weak
https://www.cnbc.com/2020/05/29/oil-markets-crude-demand-us-china-tensions-in-focus.html

The Oil Recovery Will Be Complicated. Here Are the 3 Stages to Expect.
https://www.barrons.com/articles/the-oil-recovery-will-be-complicated-here-are-the-3-stages-to-expect-51590607217

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