International7 years agoShock COVID-19 demand update: Oil seen down 2.8%, jet fuel down 12%, road fuel down 2.2% in 2020Shock COVID-19 demand update: Oil seen down 2.8%, jet fuel down 12%, road fuel down 2.2% in 2020 Rystad…
International7 years agoMore than 200 OFS firms in Europe could go bankrupt as Covid-19 slashes $5 billion off the marketMore than 200 OFS firms in Europe could go bankrupt as Covid-19 slashes $5 billion off the market Around…
International7 years agoA crude tsunami: Up to 3 million bpd of extra oil can hit the market from April, more coming in MayA crude tsunami: Up to 3 million bpd of extra oil can hit the market from April, more coming in…
International7 years agoHungary’s MOL makes oil, gas discovery offshore NorwayHungary’s MOL makes oil, gas discovery offshore Norway Hungarian producer MOL announced Wednesday a small oil and gas discovery…
International7 years agoOil giant forced to furlough 3,500 workersOil giant forced to furlough 3,500 workers Oilfield services major Halliburton will furlough 3,500 employees for two months amid…
International7 years agoRystad Energy: coronavirus poised to wipe out majority of 2020 oil demand growthRystad Energy: coronavirus poised to wipe out majority of 2020 oil demand growth The spread of coronavirus continues to…
International7 years agoOil near $30 as recession fears, pump war weighOil near $30 as recession fears, pump war weigh Oil traded near $30 a barrel on Tuesday, close to…
International7 years agoOil’s Spectacular Collapse Continues Despite Global Efforts to Fight Virus ImpactOil’s Spectacular Collapse Continues Despite Global Efforts to Fight Virus Impact Oil prices fell on Monday in Asia despite…
International7 years agoRussia to drive Former Soviet Union’s refining industry capacity growth by 2024, says GlobalDataRussia to drive Former Soviet Union’s refining industry capacity growth by 2024, says GlobalData Russia is expected to lead…
International7 years agoOil Market Impacts of Covid-19Oil Market Impacts of Covid-19 Economists can’t predict the future, but economics can help improve policy today Oil markets aren’t…