Crude oil prices rose to nearly $50 per barrel, after Thursday’s announcement about OPEC+ finally reaching an agreement regarding production cuts for 2021. This Friday,...
The Organization of Petroleum Exporting Countries, OPEC+, and its allies are working in an oil production deal for 2021, after earlier talks of this week...
Oil prices raised on Wednesday as the market waits for the production pact from the Organization of Petroleum Exporting Countries (OPEC), Russia and its allies;...
On Monday, Exxon Mobil announced it would cut costs, retreating from a previous plan to increase oil and gas production spending by 2025. This action...
Oil prices fell slightly on Monday as the production cuts expected by the Organization of Exporting Petroleum Countries (OPEC) and its allies known as OPEC+...
Oil prices climbed this Wednesday for a fourth straight session, as vaccine hopes fill the market with optimism, and despite the U.S. crude inventories rose,...
Oil prices rose this Monday, extending last week’s jumps, as traders anticipate a resurge in demand after covid-19 vaccine trails promise a significant effectiveness against...
Brent crude oil rose above $45 a barrel on Wednesday, as the industry keeps recovering slowly from the demand destruction that the covid-19 pandemic brought....
Oil prices gained almost 10% on Monday after Pfizer announced promising results of its covid-19 vaccine, and OPEC confirmed that a supply agreement could be...