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Oil price

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The coronavirus pandemic has deepened the oil crisis, which was facing problems with an abundance of supply and a disagreement over capping of supply …

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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.

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The Crude Oil producers’ Cartel OPEC,, is expecting a record US$1,000B (aka US$1T) in export revenue, a historic landmark for the cartel, if Crude …

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With official data released on Friday regarding U.S growth, demonstrating that the world’s largest oil consumer had recovered much better than had previously been …

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Thanks to rising commodity prices, Rio Tinto Group, the world’s third- largest mining company, has reported record profits of £14bn. Primarily powered by surging …

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With heating oil and crude oil prices reaching 27-month highs as supplies of crude fell to the lowest level in 11 months, the scary …

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