Rice

Crude Oil

Mexico's President Fears The Economic Consequences As Oil Prices Go Negative

Mexico will try to reduce spending with additional austerity measures amid the coronavirus pandemic and the oil price collapse, but it will not dismiss governme…

Crude Oil

Trump Calls for U.S. Oil Industry Bailout as Prices Plunge

U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survi…

Oil Price

The Worst Is Yet To Come For Oil Prices

Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday.

Oil Price

What’s Next For Oil As Prices Go Negative?

Oil prices crashed through zero, closing out the day at -$37 per barrel, an unprecedented meltdown.

Oil Price

Oil Price Plunges to 22-Year Low on Concerns Over Storage, Weakening Economies

Oil prices fell Monday, with a U.S. crude futures contract hitting its lowest level since 1998.

Oil & Gas Trade

U.S. Natgas Trading at Parity with Oil after Crude Price Collapse

The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on.

Oil Price

Oil Price Collapses to Below Zero as Demand Takes a Dive During Pandemic

A key sector of us oil trading collapsed on Monday.

Geothermal Power Plant

Geothermal Energy Sector Stands to Benefit from Tanking Oil Prices

Some predict that this form of renewable power generation stands to benefit from the changing times.

Oil Price

Russia & Saudi Arabia Ready to Make Deeper Joint OPEC+ Output Cuts to Boost Oil Prices

According to the Russian Energy Ministry, both countries are firmly committed to fulfilling the OPEC+ deal on cutting oil output.

Oil Price

Oil Plummets 21% to 21-Year Low as Sinking Demand Spurs Uncertainty Around Storage

Oil prices fell to a 21-year low on Sunday night as uncertainty over a supply glut intensified.

Oil Price

Oil Prices Hit $15 For The First Time In 21 Years

A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over two decades.

Crude Oil

The Oil Industry's Recovery Lacks One Important Ingredient

The global glut of oil and gas is growing, caused in part by a global blockade by coronavirus.

Geothermal Power Plant

Geothermal Energy Sector Stands to Benefit from Tanking Oil Prices

Some predict that this form of renewable power generation stands to benefit from the changing times.

Crude Oil

Oil Demand Won’t Bounce Back Anytime Soon

Oil demand is expected to be down by nearly 30 million barrels per day (mb/d) in April and down by almost 10 mb/d for the entire year, according to the latest e…

Oil Price

Russia’s Oil Pain Deepens as OPEC+ Prepares to Cut Output

The Kremlin may have succeeded in ending its oil war with Saudi Arabia, yet the pain of crude’s crash is only just starting to hit Russia’s budget.