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Gasoline florida

Gasoline Futures Fall To $0.50 As Demand Plummets

Gasoline futures have plummeted to…

Falling share prices

Oil Prices Could Fall Another 20%

Oil prices have tumbled as…

Energy / Oil Prices

Barrels

Oil Falls To $50 As Sentiment Sours

Feb 25, 2020 at 09:28 | Tsvetana Paraskova

Oil prices erased Asian-trade-hours gains and lost 1 percent early on Tuesday in search of direction as fears of additional demand destruction amid the coronavirus outbreak continue to weigh on…

Offshore

Oil Tanks On Fears Of Global Economic Crisis

Feb 24, 2020 at 16:56 | Nick Cunningham

Global equities fell sharply on Monday as fears over the spread of the coronavirus spiked once again, with new cases spreading beyond the borders of China. The Dow Jones plunged…

Falling stocks

Oil Prices Slump On Renewed Coronavirus Concerns

Feb 18, 2020 at 09:20 | Tsvetana Paraskova

After several consecutive days of gains, oil prices slumped by more than 2 percent early on Tuesday, as the coronavirus continues to weigh on sentiment and Russia continues to stall…

GS

Goldman Slashes Oil Price Forecast By $10

Feb 14, 2020 at 13:31 | ZeroHedge

Just days after OPEC slashed its oil demand forecast as a result of the slowdown in China's economy due to the Covid-19, moments ago Goldman has doubled…

OPEC Balance Oil Markets

OPEC Aims To Balance Oil Markets Against All Odds

Feb 13, 2020 at 12:51 | Robert Rapier

As 2019 came to a close, oil prices were under pressure from the continued surge of U.S. shale oil. Although OPEC and its partners had already cut production by more…

Falling stocks

Bearish Sentiment Will Dominate Oil Markets Through 2020

Feb 12, 2020 at 12:49 | Osama Rizvi

We are less than two months into the new decade and we’ve already seen multiple major oil market events. The first was the killing of Qasim Soleimani, the commander…

El Feel Oil field

The Ticking Time Bomb That Could Crush Oil Markets

Feb 11, 2020 at 16:48 | Nick Cunningham

Libya’s oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut deeper. Libya’s civil war entered…

OPEC Black Swan

The “Black Swan” Event That Could Unravel OPEC’s Efforts

Feb 10, 2020 at 11:50 | Robert Rapier

The book “The Black Swan” was written by former Wall Street trader Nassim Nicholas Taleb to describe rare, outlier events that can’t be predicted beforehand, but that have potentially huge…

OPEC flag

OPEC’s Oil Production Plunges, But It May Not Be Enough

Feb 07, 2020 at 17:26 | Tsvetana Paraskova

OPEC saw its crude oil production dip by nearly 500,000 bpd in January from December, overcomplying with the collective cut, the monthly S&P Global Platts survey showed on Friday,…

OPEC Oil Prices

OPEC+ Cuts Fail To Boost Oil Prices

Feb 07, 2020 at 16:45 | Nick Cunningham

After deliberations, Russia appears set to support Saudi Arabia in the push for deeper production cuts. OPEC’s Joint Technical Committee met on Tuesday, and it was only supposed to be…


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