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Oil price
Oil Price
Oil Drops More than 8% as Fears Over Second Wave of Coronavirus Cases Hit the Market
Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.
Oil & Gas Trade
Oil Price Climbs to $42 as China's Imports Hit All-Time High
Oil prices climbed on Monday after OPEC+ agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in …
Oil Price
Oil Advances Above $43 after OPEC+ Extends Production Cuts
Oil advanced above $43 a barrel in London after OPEC and its allies agreed to extend historic output curbs by an extra month.
Oil Price
OPEC+ Extension Sets up Very Favorable Oil Price Conditions for the Rest of 2020
Russia and Saudi Arabia have just made a completely irrational effort to flood the global oil market.
Crude Oil
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.
Oil Field
KrisEnergy Suspended Production at its Wassana Field Because of Oil Prices
KrisEnergy's operating Wassana field has been suspended pending further notice.
Oil Price
Bulgaria to Set up a State-Owned Oil Company
Bulgaria plans to set up a state oil company to manage oil and fuel warehouses and set up filling stations across the country to increase competition.
Oil Price
Oil Moves Lower as U.S.-China Tensions Weigh
Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a dea…
Oil & Gas Trade
Mexican Firm in Oil Swap with Venezuela Declares Bankruptcy
A Mexican firm that was instrumental in an oil-for-water swap scheme with the Venezuelan government has declared bankruptcy.
Oil Price
Australia:Tasmania to Introduce Mandatory Fuel Pricing
The Tasmania state government has announced it would impose a mandatory real-time fuel price reporting mechanism on retailers in order to put downward pressure …
Oil Price
Oil Price Crash to Fuel Japan and South Korea's Coal-to-Gas Switch
LNG volumes sold on an oil-indexed basis could become cheaper.
Oil & Gas Trade
Oil Surges 5% Falling Crude Output
Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains.
Crude Oil
Oil Drops on Worse than Feared Rise in U.S. Fuel Stocks
Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recover…
Oil Price
Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level
Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.
Oil Price
Negative Pricing Seen Spreading from Oil to Gas
Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…
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