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....
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...
Rates from crude oil tanker ships will remain low until the demand for crude oil and other fossil fuels peaks, the Energy Information Administration (EIA)...
Retail leaders agreed that the sector needs active recovery policies from the government, society’s participation, and an emphasis on sanitation, distance, and mask measures. At...
OPEC predicts oil prices recovery in the long-term. Despite the pandemic caused “the sharpest downturn in oil demand in the living memory”, the organization’s forecasts...