Crude

Crude Oil
U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve
U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.
Oil Price
Oil Fund's Forced Sales Send WTI Prices Plunging Again, Says Kemp
Front-month U.S. light crude oil futures prices slumped almost 25% yesterday,
Crude Oil
$10 Oil Forces U.S. Drilling Giant To File For Bankruptcy
Diamond Offshore Drilling has filed for Chapter 11 bankruptcy protection, becoming the second major victim of the oil market crash so far, after Whiting Petrole…
Crude Oil
Oil Majors May Be Forced To Cut Crude Output In Nigeria
The new OPEC+ production cut deal to remove a total of 9.7 million bpd from the market in May and June enters into force on May 1.
Crude Oil
Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal
Oil prices plummeted again on Monday, with WTI Crude crashing by 23 percent to just $13 a barrel at 2:30 p.m. EDT.
Crude Oil
Petrobras Reverses Production Cuts as Fuel Demand Beats Expectations
Petrobras has cancelled most of the cuts it had announced.
Oil & Gas Trade
Iran's Petrochem Revenues to Drop by 30 Pct over COVID-19
Iran's revenues from exports of petrochemical products will decrease by nearly one third as the novel coronavirus pandemic has posed an adverse effect on the in…
Crude Oil
Algeria Says Proven Oil Rserves at 10 Billion Barrels
OPEC member Algeria's proven oil reserves are currently 1.34 million tonnes, or 10 billion barrels, Energy Minister Mohamed Arkab said on Sunday.
Market Analysis
When Oil Became Waste: A Week of Turmoil for Crude, and More Pain to Come
In its nearly 40-year history, U.S. oil futures have never fallen below $10 a barrel.
Oil Shale
The Shale Suffering Has Only Just Begun
A few weeks before the summer driving season begins, U.S. gasoline consumption has plummeted to levels last seen in the late 1960s, due to the lockdowns to cont…
Oil & Gas Trade
Covid-19: Saving Nigeria from the Peril of Oil Economy
It is no gainsaying the fact that the global pandemic Coronavirus has made the world economy to shrink. With a sudden shutdown of most countries to contain the …
Crude Oil
Venezuela's Oil Output Could Fall Again Soon
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela.
Crude Oil
How the U.S. Could Use Taxpayer Dollars to Save Oil and Energy Companies
The U.S. federal government is looking at "a whole bunch of alternatives" to support oil and other energy companies.
Crude Oil
Russia Cuts European Sea Ports Oil Exports To 20-Year-Low
Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.
Crude Oil
Whether Opec+ Formally Agrees or not, Deeper Oil Cuts Now Look Inevitable
Whether or not Opec+ oil producers formally agree to extra oil output curbs, rapidly filling storage capacity and plummeting demand due to the coronavirus crisi…

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Crude

U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve

Oil Fund's Forced Sales Send WTI Prices Plunging Again, Says Kemp

$10 Oil Forces U.S. Drilling Giant To File For Bankruptcy

Oil Majors May Be Forced To Cut Crude Output In Nigeria

Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal

Petrobras Reverses Production Cuts as Fuel Demand Beats Expectations

Iran's Petrochem Revenues to Drop by 30 Pct over COVID-19

Algeria Says Proven Oil Rserves at 10 Billion Barrels

When Oil Became Waste: A Week of Turmoil for Crude, and More Pain to Come

The Shale Suffering Has Only Just Begun

Covid-19: Saving Nigeria from the Peril of Oil Economy

Venezuela's Oil Output Could Fall Again Soon

How the U.S. Could Use Taxpayer Dollars to Save Oil and Energy Companies

Russia Cuts European Sea Ports Oil Exports To 20-Year-Low

Whether Opec+ Formally Agrees or not, Deeper Oil Cuts Now Look Inevitable