SINGAPORE (Reuters) – Brent crude oil prices fell to $ 1 a barrel on Monday, due to new concerns about global fuel demand amid a tough coronavirus lockdown in Europe and new …
Read More »Concerns about renewed oil prices as Coronovirus increases in China’s case
SINGAPORE (Reuters) – Oil prices on Monday fell afresh about global fuel demand amid the tough coronavirus lockdown in Europe and new restrictions on movement in China, the world’s second-largest oil user, …
Read More »Concerns about renewed oil prices as Coronovirus increases in China’s case
SINGAPORE (Reuters) – Oil prices on Monday fell afresh about global fuel demand amid the tough coronavirus lockdown in Europe and new restrictions on movement in China, the world’s second-largest oil user, …
Read More »OPEC crude output cut will help US profits in 2021
HOUSTON (Reuters) – A decision by OPEC and affiliated countries to cut crude oil production through March led to late Christmas deliveries for US shale companies that have slashed costs, but unexpected …
Read More »OPEC crude output cut will help US profits in 2021
HOUSTON (Reuters) – A decision by OPEC and affiliated countries to cut crude oil production through March presented a late Christmas for US shale firms whose costs have declined, but unexpected moves …
Read More »Oil bulls are back. OilPrice.com
Surprising cuts by Saudi Arabia following the OPEC + meeting have provided massive oil bulls, sending Brent upwards of $ 55. for Global energy alert member Right now Two new free reports …
Read More »US banks do not want to be forced to lend money for oil and gas
US banks want to continue to choose whether to lend money to the oil and gas industry according to risk and reputation management practices, not to ask a regulator to move forward …
Read More »Crude oil flow from Saudi Arabia to US Falls to zero
By Julienne Geiger – January 06, 2021, 4:00 pm CST According to EIA data, for the first time in the last 35 years no oil has flowed from Saudi Arabia to the …
Read More »Hedge funds have not suffered this huge loss on oil since the epidemic began
Wealth managers began 2021 with optimism that oil prices would benefit from an increase in economic activity as vaccines are being rolled out. Hedge funds and other portfolio managers held at the …
Read More »Oil jumps to large crude inventory draw
Crude oil prices increased further today after the Energy Information Administration reported an 8 million barrels drop in crude oil inventories in the final week of 2020, despite a massive buildup of …
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