International
Crude Oil , Trade , International
Trump Says He Will Enter Saudi-Russia Oil Dispute At Appropriate Time
The Trump administration is considering a diplomatic push to get Saudi Arabia to close its taps and using the threat of sanctions on Russia to force them to reduce output, the Wall Street Journal reported.
Exploration & Production , Crude Oil , Trade , International
Saudi Arabia To Keep Oil Production At Record Rate For Coming Months
Saudi Arabia said it will boost its crude supply in April to a record rate and its oil exports are also set to hit a new high in May.
Business , Crude Oil , Trade , International , Shale Plays
Saudi-Russian Oil Price War Unlikely To End Soon
Several industry experts agree that the Russian move was directly targeted at the U.S. shale oil industry, which will bear the brunt of the price war.
Crude Oil , Trade , International , Shale Plays
US Energy Guru Daniel Yergin Sees No Easy Way Out Of Oil Price Collapse
"It’s a problem of an oil price war in the middle of a constricting market when the walls are closing in," said Daniel Yergin, who is also vice chairman of IHS Markit.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , International , Storage
Frac Spread: Oil Fight Hits NGL Prices Hard
Hypothetical barrel tumbles to four-year low with tightly squeezed margins.
Crude Oil , International
Saudi Arabia, Russia Raise Stakes In Oil Standoff
Saudis rebuff Russian request for talks, plan to hike output to record in April.
Crude Oil , Trade , International
Oil Prices Jump After Rout On Stimulus Hopes
Russia also signaled that talks with OPEC remained possible with its oil minister, Alexander Novak, saying he has not ruled out joint measures with OPEC to stabilize the market.
Crude Oil , Trade , International
OPEC Countries Lose $500 Million A Day In Oil Price Crash
For the most part, oil is a top income source for members of OPEC and such a dramatic fall in prices will put a strain on their economies.
Crude Oil , Trade , International
IEA: Global Oil Demand Set For First Contraction Since 2009
The downward revision came as oil prices dropped as much as third in their biggest one-day fall since the 1991 Gulf War.
Crude Oil , Trade , International
‘Crazy’ Saudi Oil Price Cuts Seen Reigniting Market Share War
The world's top producers including Saudi Arabia, Russia and other Middle East producers were last locked in a market share war between 2014 and 2016.