Oil prices rose more than 1%, after estimates that shale oil production in the world’s largest crude producer will fall record in …
BUNKERIST
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Oil prices rose on Monday after major producers accepted the largest production cuts ever. However, gains were limited due to concerns that …
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Energy | PetroleumNews
Tensions flare with Mexico as it may cut only a quarter of what is claimed
by BUNKERISTby BUNKERISTTop oil countries struggled to conclude record cuts in G20 talks Friday to boost prices hit by the coronavirus crisis, due to …
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MaritimeNews
IMO Secretary-General seeks support from UN to appoint “key workers” for seafarers
by BUNKERISTby BUNKERISTIMO Secretary-General Kitack Lim has asked the United Nations system organizations to declare governments as seafarers, port staff and other key maritime …
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OPEC, Russia and other allies have set plans to cut oil production by more than a fifth on Thursday and mentioned they …
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Oil prices fell to their lowest level in the last eighteen years in March as governments call people to stay home due …
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Petrol recovered after a two-day drop on Wednesday, hoping that a video conference meeting between Russia and OPEC members and allied producers …
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Energy | PetroleumNews
Oil rises with the increasing hopes of global production cuts
by BUNKERISTby BUNKERISTOil prices are experiencing a day when they hope to reduce the fear that a global recession may be deeper than expected …
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Energy | PetroleumNews
An overall production cut-off likely to happen among big producers
by BUNKERISTby BUNKERISTThe oil producers group, known as OPEC +, including Saudi Arabia and Russia, is expected to agree to cut production at the …
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Energy | PetroleumNews
Oil falls after Saudi Arabia’s and Russia’s meeting putting off
by BUNKERISTby BUNKERISTPrices had risen at the end of last week, both WTI and Brent contracts set a record with their weekly highest percentage …