Oil slides over 3% on Russian price cap talks, U.S. gasoline build
Firstly, oil prices fell more than 3% on Wednesday. Continuing a streak of volatile trading, as the Group of Seven nations considered a price cap...
Tag : crude
Oil rises 1% on supply concerns, expectations for fuel switching
Firstly, oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil switching due to high prices this winter, even...
OPEC considers more cuts as Covid-19 cases rise
OPEC members are considering to adopt more oil production cuts as Covid-19 cases in Western countries rise. More curbs in production? Members of the Petroleum...