Oil declines after OPEC+ agrees to ease output curbs
Oil drooped on Thursday after OPEC and other producers including Russia agreed to ease record supply curbs from…
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Oil
Oil rises on output cut support, but U.S. virus spike caps gains
Oil increased in early trade on Tuesday with major producers sticking to supply cuts, but earnings were capped as…
Oil climbs 5%, posts second straight week of earnings
Oil rose on Friday and were on course for a second consecutive week of gains as U.S. producers rapidly shut crude…
Against all odds, Egyptian billionaire Naguib Sawiris says he would buy airlines
Egyptian billionaire Naguib Sawiris told CNBC on Tuesday he would buy airlines, going against fellow billionaire…
U.S. oil producers eye shutting down operations as coronavirus dry up need for fuel
Oil producers in the U.S. are making painful decisions about how to close their operations after the coronavirus…
Oil futures fall below $12 per barrel
West Texas Intermediate (WTI) crude futures for June delivery plunged 43 percent to settle at $11.57 per barrel.
As prices crash, Trump says “’This is a great time to buy oil,’
After a tumultuous day that witnessed oil futures unprecedentedly plunging into negative territory, U.S. President…
Oil prices crash below zero for the first time in history as demands dries up
Oil futures plunged on Monday below zero, the latest never-before-seen number to emerge amid the economic fallout…
Saudi Arabia’s oil exports to the U.S. more than double in March
Saudi Arabia’s oil exports to the U.S. more than doubled from February to March as oil prices plunged and American…
Trump: OPEC and allies planning to cut ‘20 million barrels a day, not the 10 million’
U.S. President Donald Trump tweeted on Monday that a historic weekend agreement struck between OPEC and some of the…