(Bloomberg) — Oil rose above $34 a barrel following a prediction from Russia that the market may rebalance as early as next month after historic output cuts...
(Bloomberg) — Crude oil has plummeted to about $30 a barrel from $115 when Prime Minister Narendra Modi first came to power six years ago, but Indian...
(Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder...
(Bloomberg) — China’s head-start on the path to recovery in oil demand is giving traders a rare opportunity to profit as coronavirus lockdowns continue to depress consumption...
(Bloomberg) — Time was when an oil-price rout almost certainly meant a currency meltdown in emerging markets. Now, it’s failing to cause as much as a flutter....
(Bloomberg) — Oil gave up some of last week’s rally after a delay to a planned meeting of top producers to discuss output curbs and signs the...
(Bloomberg) — Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning...
(Bloomberg) — The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns cascade through the world’s largest economies. Onshore tanks in many markets...
(Bloomberg) — America’s shale drillers have never faced an oil bust quite like this. The split between Russia and its one-time OPEC allies last week has ignited an...
(Bloomberg) — Oil markets crashed more than 30% after the disintegration of the OPEC+ alliance triggered an all-out price war between Saudi Arabia and Russia that is...