Global oil inventories may go up as new Covid19 wave extends: experts
Global oil inventories may see an increase in November and December due to the new wave of the coronavirus that is striking Europe, experts from...
Tag : oil prices
Oil prices jump 10% after vaccine and supply agreement by OPEC
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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...
Oil prices climb as U.S. crude stocks drop amid elections
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Oil prices had a second-day increase on Wednesday after President Donald Trump falsely declared himself the winner of 2020 federal elections, with millions of votes...
Oil prices gain 3% on election day
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Oil prices have had a 3% increase facing election day in the United States. An important recovery in just one day that has market watchers...
Gasoline prices below $2 at half the country’s stations
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Almost half of the country’s gas stations are now selling gasoline at prices below $2, and this trend is expected to expand to the rest...
Oil prices drop facing new covid-19 lockdowns and U.S. elections
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Oil prices keep plunging as the oil and gas market faces new struggles with the widening of lockdowns due to a second covid-19 wave, and...
Black Monday on oil market: prices drop 3%, Reuters
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This Monday is a black day for the oil market, as prices went low 3% extending last week’s losses amid a new coronavirus wave that...
U.S. oil rigs count rise for 6 weeks in a row: BH
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Energy firms in the United States have added rigs to their oil assets for six weeks in a row. It’s the first time this happens...
Oil bankruptcies rise 21% in 3Q of 2020
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Oil bankruptcies have risen significantly since the covid-19 pandemic crashed the oil prices and the industry’s overall market. In the third quarter of 2020, bankruptcies...
OPEC worried about oil prices amid a new Covid wave
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The oil prices are steady today, but the supply chain in the globe’s oil and gas industry is facing a new challenge as the second...