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Energy Economy
Mexico's Secret Weapon in the Oil Price War
As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge shielding it from
Oil & Gas
Non-Opec Members Will Also Need to Cut Output to Balance Oil Price
Not just production cut upfront, they have also decided to cut production all the way to April 2022.
Oil & Gas
G-20, OPEC Working to Rebalance Oil Market
Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
Oil & Gas
India Pitches for Stable Oil Market, Says it Will Remain Growth Engine of World
Amid high volatility in international markets, India, world's third largest oil consumer, on Friday pitched for a stable oil market that provides reasonable p
Oil & Gas
Trump Threatens “Very Substantial” Tariffs On Oil Imports
The crash was the product of the culmination of a series of unfortunate events, beginning with the spread of COVD-19, which all but shut down the Chinese econom
Oil & Gas
Oil Could Fall Back To $20
Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil.
Oil & Gas
Oil Rises As Markets Eye OPEC, Russia Meeting on Output Cuts
Oil prices rebounded Wednesday after two straight days of declines.
Oil & Gas
African Energy Chamber Urges OPEC and OPEC+ to End Oil Price War
OPEC and OPEC+ are set to meet in Vienna on Thursday, April 9 to try to reach a deal on ending the current oil prices war.
Oil & Gas
Oil Could Dive Below $10 if OPEC & Allies Fail to Agree Production Cut Deal
According to the agency's report, a fall in demand and an increase in supply could result in more than 20 million barrels per day of excess oil.
Oil & Gas
Oil Rises 3% on Hopes for Output Cut as Coronavirus Ravages Demand
Oil prices rose on Tuesday as hopes grew that the world's major oil producers would agree to cut production.
Oil & Gas
The OPEC+ Meeting Could Send Oil Prices Crashing Below $10
The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified.
Oil & Gas
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be
Oil & Gas
Oil Price Barrels Ahead As OPEC Flags Meeting
The price of crude oil surged again Friday after OPEC said it would talk to non-members.
Oil & Gas
Petrol, Diesel Prices Jump by Re 1 in 3 States on Higher Tax
Fuel prices in west Bengal, maharashtra and karnataka rose by a litre.
Oil & Gas
What Really Caused Oil To Rally By 25%?
Oil prices spiked 25 percent on Thursday after President Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels per day (mb
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