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Tag: Organization of the Petroleum Exporting Countries

Brent oil drops 25%, near two-decade lows on scant demand, storage

NEW YORK (Reuters) - Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders...

Brent oil drops to near two-decade lows on falling demand, storage woes

NEW YORK (Reuters) - Oil futures for June plunged to near two-decade lows on Tuesday, as the panic that sent U.S. May futures...

Oil at two-decade lows, price of U.S. crude for delivery below zero

NEW YORK (Reuters) - Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders...

U.S. crude futures turn positive after historic plunge, Brent falls

SEOUL (Reuters) - U.S. oil prices hobbled back into positive territory on Tuesday after sinking below $0 for the first time ever, but...

U.S. crude futures turn positive after historic slide, Brent dips

SEOUL (Reuters) - U.S. oil prices recovered on Tuesday to trade in positive territory after sinking below $0 for the first time ever,...

Oil prices bounce back, U.S. crude futures trade above zero

SEOUL (Reuters) - Oil prices rebounded on Tuesday, with U.S. crude turning positive after trading below $0 for the first time ever, but...

U.S. crude futures up more than $20, but still trade below zero

SEOUL (Reuters) - U.S. crude oil jumped more than $20 per barrel on Tuesday but still traded below $0 after plunging into negative...

Oil falls on concern over storage and earnings

LONDON (Reuters) - Oil prices fell on Monday, with a U.S. crude futures contract hitting its lowest level since 1999, depressed by concern...

Oil falls as stocks fill, earnings set to shrink

LONDON (Reuters) - Oil prices fell on Monday, depressed by concerns U.S. storage facilities will soon be full as the novel coronavirus pandemic...

U.S. oil falls more than 10% to lows not seen since 1999

SINGAPORE (Reuters) - Crude oil futures fell on Monday, with U.S. futures touching levels not seen since 1999, extending weakness on the back...

Half of announced North American oil cuts come from just three companies

(Reuters) - Numerous U.S. and Canadian oil companies have said they are reducing output in 2020, but a Reuters analysis of the announcements...

Oil market falls too big to offset with output cuts, IEA warns

LONDON (Reuters) - The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand...

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