Uncertainty about crude fundamentals remain unusually high.
Syed Rashid Husain
This year may be the turning point for the energy world, Fatih Birol, executive director of International Energy Agency says.
Global oil demand is currently sitting at 89 per cent of pre-pandemic levels, states report.
Refiners face the ‘adapt-or-die’ scenario in the wake of the pandemic.
Oil markets are passing through an interesting phase, flashing bullish sentiments and bearish trends.
US reports say that American oil production has registered a record monthly decrease in its output in May 2020.
Markets are emitting negative signals about Opec's move to open taps from August.
The IMF says the crude price plunge and the production cuts would hit oil exporters in the Middle East and North Africa hard.
Faced with intense budgetary pressures, oil producers are itching to open the taps — albeit gradually. The...
Global oil demand is likely to recover to above pre-pandemic levels despite some predictions.
Some are now asserting that China emerged victorious at expense of major global crude oil producers.
More than 100,000 oil and gas jobs have already been lost in the United States.
Oil markets have surged. Demand is up. Supply has tightened. Around the same time last month, it was a blood bath.
THE global energy chess board continues to spring surprises. Saudi Arabia, the defacto leader of the Organisation of the
Things are beginning to open, slowly but surely.
Is another crude price rout around the corner?
There are signs that the stunningly low prices are here to stay as supply dwarfs consumption.
The overall crude oil spectre continues to be bleak, despite the unprecedented cut.
With demand and supply shock acting simultaneously, crude oil markets are literally imploding.
The outbreak of a price war between Russia and Saudi Arabia has only worsened the scenario.