Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses
FILE PHOTO: An oil worker walks toward a drill rig after placing ground monitoring equipment in the vicinity of the underground horizontal drill [...]
Home »
Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses
FILE PHOTO: An oil worker walks toward a drill rig after placing ground monitoring equipment in the vicinity of the underground horizontal drill [...]
Column: Rapid oil price rise divides fund managers – Kemp
LONDON (Reuters) – Hedge fund managers are starting to diverge over the likelihood of further oil price increases as Brent futures surge above [...]
Oil and gas dealmaking peaks in Q4 as pandemic spurs consolidation – Enverus
FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August [...]
Venezuela's oil exports sink to 1940's level under tighter U.S. sanctions -data
(Reuters) – Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv Eikon [...]
Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus
SINGAPORE/LONDON (Reuters) -Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of [...]
Oil rises on U.S. inventory draw, Brexit deal hopes
TOKYO (Reuters) – Oil extended gains on Thursday as a drawdown in U.S. stockpiles of crude and gasoline lifted demand hopes, while investors [...]
Oil prices fall amid worries over new coronavirus strain
TOKYO (Reuters) – Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United Kingdom raised concerns [...]
Oil slips on demand worries as COVID-19 lockdowns tighten
FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd KorolMELBOURNE/SINGAPORE (Reuters) – Oil [...]
Analysis: UAE’s oil expansion gives it new weight within OPEC
DUBAI (Reuters) – The United Arab Emirates’ resistance at OPEC meetings to extend deep supply cuts into 2021 is the start of a [...]