Oil fell the most since late April as economic uneasiness iced U.S. stock markets, threatening to spoil crude’s recovery from a historic drop below zero. The market is grappling with record high U.S. Continue Reading
Oil fell the most since late April as economic uneasiness iced U.S. stock markets, threatening to spoil crude’s recovery from a historic drop below zero. The market is grappling with record high U.S. Continue Reading
Oil prices fell on Thursday, hit by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy would shrink 6.5% this year. Continue Reading
Oil rebounded from earlier losses on Wednesday, even as U.S. data showed crude inventories rose to a record high, reviving worries of a persistent glut due to weak demand. Crude Continue Reading
Bullish sentiment appears to have returned to the stock markets with a vengeance. In a historic rally that has taken even die-hard bulls by surprise, the S&P 500 has managed Continue Reading
How did oil price change in recent centuries? Read about the major milestones in the history of oil, who are the main oil producers, and what defines its price. One Continue Reading
The coronavirus pandemic and the resulting oil price crash are set to wipe out as much as US$1.8 trillion from the revenues of oil and gas exploration and production companies Continue Reading
Oil retreated to near $38 a barrel after a U.S. industry report signaled a surprise jump in crude inventories, underscoring the market’s patchy road to rebalancing. Futures dropped 2.4% in New Continue Reading
Crude oil prices spiked late June 9, ending in positive territory after trading down for most of the day, following a bullish US government report on 2021 global oil demand Continue Reading
The extension of the OPEC+ production cut agreement did little to move oil prices as it had already been baked into oil prices Chart of the Week – Canada is Continue Reading
