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Crude oil news

The crude oil market may rebalance by July, says Russian oil minister
26th May
  • Crude oil production cuts have kicked in, both from OPEC+ and other countries
  • Demand is coming back as countries reopen economies after back-breaking lockdowns
  • Sino-U.S. tensions and COVID II remain significant risks, however

Features & analysis

Latest Crude oil news

20th April
Crude oil price now down nearly 50% on the day, hits 34-year low
20th April
Crude oil price down 27% today, can it reach $10 this month?
19th April
Analysis: Crude oil price hits lowest levels since 2001 as supply overwhelms demand
13th April
Much-vaunted output cut of crude oil by OPEC+ is a damp squib
9th April
Crude oil price whips around in anticipation of OPEC – Russia meeting
4th April
Crude Oil Price Jumps 50% As Putin Says Oil Production Cuts Possible
2nd April
Canadian dollar rises as crude oil prices makes a comeback
1st April
Crude oil: Fears of negative prices, and the first major shale bankruptcy
1st April
Global oil majors resort to cost-cutting as oil prices slip under £20 a barrel
30th March
US crude oil plumbs 2002 lows in dual shock
30th March
Crude Oil Price Dips Below $20, Oil Guru Says the Worst is Yet to Come
29th March
Russian Oil Giant Rosneft Exits Venezuela Operations As Stock Price Struggles to Recover
29th March
Sovereign Wealth Funds From Oil-Rich Countries Are Dumping Stocks Big Time
27th March
Russia Calls For a New OPEC+ Deal As Crude Oil Price Trades Near 18-Year Lows
25th March
Chevron suspends share repurchase and cuts spending in 2020 on global oil price crash
23rd March
Shell reduces capital expenditures and suspends share buyback program to combat oil price crash
19th March
Best Day Ever: Crude Oil Prices Surge 24%
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