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Crude Oil May Fall To The $35 Area Before Sellers Stop
The end of last week was unexpectedly stormy. The movements in the stock market were marked by a deep selloff of FAANG and Tesla Most observers do not s
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292020-09

Oil Heavyweights Look Ready for a Showdown
Oil producers could be set for another showdown before the end of the year, with heavyweights Saudi Arabia and Russia holding different views on how to appr

222020-09

Oil Steady After Best Week Since June Amid Demand Uncertainty
Oil steadied following its biggest weekly gain since June as a lack of clarity over the global energy demand recovery was balanced by the possibility that S

152020-09

Second wave of floating storage triggered by ailing oil market
A stalled global economic recovery from the coronavirus pandemic is leading to a fresh build-up of global oil supplies, pushing traders including Trafigura

092020-09

Crude Oil May Fall To The $35 Area Before Sellers Stop
The end of last week was unexpectedly stormy. The movements in the stock market were marked by a deep selloff of FAANG and Tesla Most observers do not s

032020-09

Hurricane-related shut-ins curb 82% of oil, 59% of gas output in U.S. Gulf of Mexico
U.S. energy companies on Saturday continued to restaff offshore oil and gas production facilities in the U.S. Gulf of Mexico, according to data released by the

262020-08

3 Reasons Why Oil Prices Won’t Rally Anytime Soon
It’s been disheartening for the bulls that oil prices have failed to break out over the past few weeks despite a flurry of positive news including de

222020-08

Japan's Mitsui Cleared to Export Gas from West Australian Project
Japan's Mitsui & Co won an exemption from the Western Australian government on Monday to export gas from a new onshore field, in a push to jump start the

172020-08

OPEC+ oil cut compliance dips in July, ahead of quota easing: Platts survey
OPEC+ production discipline slipped in July, as Gulf members led by Saudi Arabia ended their voluntary extra output cuts, while some countries that have str

142020-08

U.S. Shale Faces Another Round Of Bankruptcies
More than thirty billion dollars: this is the size of the collective debt of oil and gas companies that filed for bankruptcy protection in the first half of

112020-08

Oil giants' production cuts come to 1 million bpd as they post massive writedowns
The world’s five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and slashed production
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