by pallanus | May 26, 2020 | Business News
Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world. Image for Representation Oil prices rose on Tuesday on clear signs that...
by pallanus | May 22, 2020 | Business News
World crude prices have staged a modest recovery from last month’s dizzying collapse, prompting analysts to wonder whether the worst of the 2020 oil crisis is over. The commodity tanked for the first time into negative territory in April, plagued by...
by pallanus | May 19, 2020 | Business News
Oil prices rose on Tuesday, extending gains for a fourth straight session. The market was also boosted by signs that output cuts agreed by the Organization of the Petroleum Exporting Countries (OPEC) and others including Russia, a group known as OPEC+, are being...
by pallanus | May 18, 2020 | Business News
European stock markets rose on Monday and oil prices climbed to their highest in more than a month as a loosening of coronavirus shutdowns boosted market sentiment, even as the deadly outbreak has yet to be fully contained. Warm weather is enticing much of the world...
by pallanus | May 18, 2020 | Business News
A month after sellers had to pay nearly $40 a barrel to get rid of US oil futures, the next watershed moment looms with the expiry of the June contract on Tuesday – and so far there is little sign of a repeat of the historic plunge. The extent of the damage that...
