Oil Posts Worst Quarter Ever as Physical Market Cratered
Oil posted the worst quarter on record after the coronavirus crushed demand and raised fears about overflowing storage tanks.
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Saudis Make Good on Oil Wave Promise
The first wave of crude oil is already on its way toward Europe and the US.
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Putin, Trump Agree Sinking Oil Prices Not In Mutual Interest
Vladimir Putin and Donald Trump agreed in a phone call Monday that "current oil prices aren't in the interests of our countries."
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Oil Set for Worst Ever Quarter
Oil clawed back some losses as signs of a recovery in the Chinese economy bolstered hopes for a rebound in demand though prices are still headed for the worst quarter on record.
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Oil Tumbles to 18-Year Low
While President Trump spoke with Vladimir Putin Monday to discuss the importance of stable energy markets, it did little to stanch the decline.
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Trump Plans Call With Putin to Discuss Falling Oil Prices
President Donald Trump said he's calling Vladimir Putin on Monday to discuss the oil-price war and the coronavirus pandemic.
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Evacuated FPSO Crew Member Tests Positive for COVID-19
The FPSO Aoka Mizu is operating on the Lancaster field, west of the Shetland Islands. PHOTO SOURCE: Hurricane Energy plc
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Texas Rig Count Down 29 Week on Week
The rig count in the Permian Basin during the period fell by 23.
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Moody's Projects $50-Plus Oil in 2021
Moody's Investor Service reported its WTI crude oil price assumptions for this year and next amid the sharp market downturn.
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US Energy Dominance Under Threat
The United States' energy dominance is now under direct threat, according to six U.S. senators.