crude oil prices
crude oil prices Articles
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.
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OPEC and its non-OPEC members (OPEC+) have failed to agree on further cuts to oil production as a response to the slowdown in the global economy due to the coronavirus outbreak. Russia now looks like...
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The stock market has been unforgiving to the oil sector so far in 2020. Many investors are puzzled by the lack of interest and outright disdain that the stock market has for the top energy stocks.
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It is hard to imagine any positive aspect of the coronavirus which is taking lives, roughing up markets, and pushing parts of the world toward recession. However, the drop in oil prices will steepen...
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A Fitch Ratings report points out that the coronavirus outbreak could curb oil demand growth if it continues to spread.
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The coronavirus outbreak in China has reduced demand for oil in the country by more than 4 million barrels a day and chopped 15% from the price of crude. OPEC+ wants to drive the price higher for all...
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Friday will bring key earnings reports from Chevron and Exxon Mobil before the opening bell. These reports may create positive or negative waves throughout the energy sector.
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It turns out that those temporary inflation fears that pop up from time to time get a reprieve every time the price of oil tanks.
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Schlumberger released better than expected fourth-quarter financial results before the markets opened on Friday.
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Schlumberger is scheduled to release its fourth-quarter financial results before the markets open on Friday.
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Recent geopolitical events in the Middle East caused world oil prices to spike but the effect was soon reversed. The overall balance in global oil supply and demand should continue at least through...
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The easing of trade tensions between the United States and China is expected to lift global economic growth in 2020. OPEC expects demand for oil to put a strain on supplies, raising prices for the...
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Short interest in oil and gas stocks rose in the final two weeks of December. Since then, crude prices have been volatile due to the confrontation between the United States and Iran, reaching a...
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The U.S. rocket attack that killed a top Iranian leader sent oil prices sharply higher. How big the eventual rise will be and how long higher prices will endure are reasonable questions.
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Permian Basin oil wells are more productive than ever before, but output is also declining at a faster pace than ever before.
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