OPEC, Russia to increase oil output in Jan 2021
Stay abreast of the latest energy news by subscribing to the nation’s fastest-growing business magazine, Industry Leaders.
OPEC Oil Production Cut Falls Short Of Expectations, Crude Markets Still Unstable
The United States, which is heavily into shale oil production, is facing an abundance of supply that is at unsustainable levels with the crude prices so low.
US Crude Oil Prices decline to $60 per barrel
U.S. crude oil prices decline to $60 per barrel Thursday, extended huge losses after a two consecutive sessions. The US government data showed an incredible increase in inventories