crude oil prices
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...
1 day ago
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...
2 days ago
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.
5 days ago
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...
9 days ago
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.
10 days ago
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...
16 days ago
Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
18 days ago
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...
20 days ago
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...
23 days ago
Last Updated: 23 days ago
A new Bank of America Securities report discusses how some of the energy infrastructure players are now facing a new reality.
25 days ago
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...
26 days ago
Last Updated: 26 days ago
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.
27 days ago
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.
27 days ago
Last Updated: 27 days ago
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...
30 days ago
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.
1 month ago
Last Updated: 1 month ago