There’s a disorderly rout in the oil market as Saudi Arabia declares a price war on Russia and the U.S. […]
Tag: opec
OPEC+ Experts Urge More Oil-Output Curbs as Virus Slashes Demand
Experts from OPEC+ recommended that oil ministers consider a larger production cut when they meet this week, as the havoc […]
Oil’s Freefall Halted By Hope OPEC And Allies Will Take Action
Expectations the OPEC+ alliance will deepen output cuts put a floor under last week’s 16% plunge in oil prices, with […]
Oil rebounds over 4% as hopes of OPEC cut, stimulus counter virus gloom
Oil prices jumped more than 4%, up from multi-year lows hit earlier on Monday, as hopes of a deeper cut […]
Oil falls for fifth day on demand concerns as coronavirus spreads
Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of […]
No OPEC Decision Yet on Oil Cuts, Saudi Energy Minister Says
OPEC hasn’t made a decision yet on whether to extend or modify its agreement to cut oil output, Saudi Arabia’s […]
Oil Steadies Following Virus Sell-Off as Fallout Unknown
Oil steadied after the biggest drop in almost seven weeks as investors attempted to gauge the economic impact of the […]
Oil slides 4% on demand concerns as coronavirus spreads
Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside China added to […]
Oil rises amid hope for short economic hit from coronavirus outbreak
Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell […]
Crude Oil Slumps, Coronavirus Concerns Resurface
Crude Oil were sharply lower Tuesday, snapping a five-day rally, with investors returning to fretting about how fuel demand will […]
