crude oil prices

crude oil prices Articles

A video teleconference Thursday morning is expected to cut up to 10 million barrels from global crude oil production. Will that be enough to push crude prices higher?
Exxon announced on Tuesday that it is cutting its 2020 capital spending and lowering its cash operating expenses.
Experts say that unprecedented oil supply married with a fall-off in demand because of a contracting global economy will take prices much lower. That, in turn, would press gasoline prices toward $1...
The members of OPEC along with Russia and others are expected to meet Monday to discuss reducing crude production by up to 10 million barrels a day. The United States may not be present in person but...
Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer.
The teleconference meeting of the G20 ended Thursday without even a word about the collapse of the crude oil market. Now the market itself may have to do the heavy lifting and both the Saudis and the...
The oil and gas industry got nothing in the $2.2 trillion relief package approved late Wednesday by the Senate. Here's what that could mean.
Oil field regulators in Texas want the president to intervene in the Russian-Saudi price war in order to reverse the massive price drop in crude. Trump has indicated that he's thinking about it, but...
Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
Oil prices are plummeting again Monday following estimates that up to 10 million barrels of crude will be cut from daily demand as the global economy tries to deal with the coronavirus epidemic and...
With a declaration of a National Emergency around the coronavirus in the United States, President Donald Trump and the United States now have extra powers and capabilities to enact measures that will...
A new Bank of America Securities report discusses how some of the energy infrastructure players are now facing a new reality.
The Saudi-Russian oil price war and potentially increased availability of supply from Saudi Arabia delivered enough of a knockout blow on Monday that the U.S. government figured out it better stop...
The International Energy Agency has forecast that demand for oil in 2020 will be lower than demand in 2019. That hasn't happened since the financial crisis of 2009.
If the wider spread of COVID-19 wasn't bad enough for the public and the markets, now an oil price war between Russia and Saudi Arabia is pouring salt on the wounds.