OPEC+ plans to output raise for the year after resolves
The Organisation of Petroleum Exporting Countries and allies (OPEC+) has commenced a plan to increment output raise for the year following a resolution of disputes between members. …
Tag: Crude Oil Prices
Second Wave of Coronavirus Puts Pressure on Crude Oil Prices
Crude oil prices have stayed low for four days in a row as concerns for a second wave is dragging the demand down. The weak …
Oil Prices Extends Gain As Global Outlook Improve
Oil prices reversed its losses by a 2% gain globally backed by data showing a decline in the U.S crude oil inventories last week. Brent …
Brent Crude Oil Price Rises Even As Global Oil Supplies Rise
Oil prices appear to rise regardless of the surge in global oil supplies There were some negative forecasts on the price of crude oil, especially …
The Outlook of Crude Oil, Demand, Prices Seems Clearer Than Ever in 2020
The OPEC, and the International Energy Agency (IEA), and the Energy Information Administration (EIA) are now forecasting a more rapid drop in crude oil demand …