How Saudi Arabia Caused The Worst Oil Price Crash In History
Saudi Arabia made good on its promise to flood the market with oil after the collapse of the previous OPEC+ deal in early March. The
Tag : OPEC
OPEC: Global Oil Demand To Drop By 6.4 Million Bpd In Second Half 2020
Global oil demand will start to recover in the second half of the year from the crash in the second quarter, but it will still
Brent rises above $40 for first time in three months as Opec+ set to meet
Brent, the global crude benchmark, rose above $40 for the first time in three months as markets factor in an extension of production cuts by
OPEC’s Second Largest Producer Won’t Give Up On Output Cuts
OPEC’s second-largest producer and the biggest laggard in the output cuts, Iraq, will further reduce production and remains committed to the OPEC+ pact, Iraqi Deputy
Russia Is Quickly Becoming The Most Dominant Force In Energy
Moscow’s oil pricing dispute with the Government of Saudi Arabia, a domestic U.S. oil boom, and a fall in global oil demand since the COVID19 outbreak
Pour stabiliser le marché mondial : L’Opep et la Chine s’engagent à travailler ensemble
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In oil market sunk by coronavirus, giant output cuts make ripple, not big waves
Muted oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain to climb to restore market
OPEC Is Dead: What’s Next?
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U.S. Sanctions Severely Cripple Venezuela’s Oil Production
As if Venezuela’s oil industry is not in a bad enough place already, the country sitting on top of the world’s largest oil reserves is
Oil Fall as OPEC Output Cut, China-U.S. Trade Optimism Fail to Lift Prices
Oil markets fell on Friday in Asia as an OPEC agreement to cut oil output and positive Sino-U.S. trade development failed to lift prices. U.S. Crude