The coronavirus cases and rising tensions between the US and China are undermining the positive impact of the OPEC + deal on …
Category:
Energy | Petroleum
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Oil giants are turning to nature to close the income gap. Oil companies such as BP and Shell are nurturing nature as …
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Energy | PetroleumNews
Oil drops with rising virus cases and US-China tensions
by BUNKERISTby BUNKERISTDespite the positive effects of the OPEC + agreement on oil production cuts, and the news Covid-19 vaccine, oil prices fell on …
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Energy | PetroleumNews
Oil approached just below $ 50 a barrel in hopes of US economic stimulus package
by BUNKERISTby BUNKERISTBrent crude oil futures rose more than 1% on Friday. Oil was up just below $ 50 a barrel as the US …
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Energy | PetroleumNews
Oil prices soared after agreement on oil supply was signed
by BUNKERISTby BUNKERISTThe major oil producers agreed to continue with some cuts in production, though below expectations. Oil prices surged around 2% on Friday, …
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Energy | PetroleumNews
Slight relaxation in oil cuts accepted from January
by BUNKERISTby BUNKERISTOn Thursday, OPEC and Russia agreed to ease current deep oil production cuts by 500,000 barrels a day in January, but failed …
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OPEC and Russia are said to be approaching a compromise on oil supply policy for 2021 after they failed to make a …
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Oil prices have plummeted as producers, including Saudi Arabia and Russia, keep continuing to negotiate extending the record production cuts which had …
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Oil prices dropped early Wednesday, but then cut losses, with the UK becoming the first country in the world to approve the …
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Energy | PetroleumNews
Oil prices fall due to US oil stock surplus and meeting delay
by BUNKERISTby BUNKERISTOil prices increased their losses on Wednesday due to two negativities. On top of the surprising increase in oil inventories in the …
