Stories Tagged as
Oil prices
Storage is the hottest commodity right now in oil markets
by
Justin Ho
Mar 31, 2020
Swooning demand means there's a lot of oil being produced but not consumed. That's making storage prices soar.
Oil price war: Saudis have lowest costs; doesn't mean they'll win
by
Scott Tong
Mar 10, 2020
Low oil prices affect all producer nations. Each has different vulnerabilities.
Consumers see cheaper gas at the pump as COVID-19 reduces demand for oil
Mar 5, 2020
Companies are using less oil to make and ship things. As consumers curtail travel, they use less oil, too.
OPEC, Russia discuss large oil supply cuts in "demand emergency"
by
Scott Tong
Mar 4, 2020
There was talk that OPEC and Russia might together cut the world's supply of oil by one million barrels a day.
Coronavirus: OPEC-Russia consider emergency meeting to cut supply in response to anemic Chinese demand
by
Scott Tong
Feb 3, 2020
Nervous traders are selling oil contracts first and asking questions later.
Chinese travel limits further depress oil prices; analysts consider longer-term impact
by
Scott Tong
Jan 27, 2020
How long will lower oil prices persist?
After the U.S. attack in Iraq, how high will oil go?
by
Scott Tong
Jan 3, 2020
Some analysts say Iran’s most likely initial target for retaliation? Oil facilities in Iraq.
For public good, not for profit.
Chevron's nearly $11B write-down reflects weak demand and low oil and gas prices
by
Scott Tong
Dec 11, 2019
Some energy companies are questioning whether they can wait out the current dip in prices.
To maintain oil prices, OPEC and Russia entertain further cuts to supply
by
Scott Tong
Dec 4, 2019
Members of the OPEC coalition of oil producers meet tomorrow in Vienna to discuss an excess of oil supply. The group will be joined by Russia on Friday for further talks. That combined group, known as OPEC-Plus, previously agreed to reduce production in order to keep prices up. Now, there’s too much oil with nowhere […]
Cost of shipping oil rises as tankers face more attack risk
by
Scott Tong
Oct 11, 2019
A string of recent oil tanker attacks is leading the industry to take extra precautions and raise shipping and insurance rates.