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Relentless Oil Price War To Cause Huge Number Of Well Shut-Ins

Plunging demand, surging supply, and strained storage capacity have put so much downward pressure on oil prices that producers are...

Factbox: Crude prices edge higher as producers announce cuts

New York — Crude prices climbed Tuesday as...

Oil Markets Are On The Brink Of Armageddon

“Two boys are in a closed garage with several inches of gasoline on the floor. One has six large matches,...

Could Oil Really Fall To $0?

The outlook for U.S. shale continues to darken with WTI testing sub-$20 territory. The supply glut could grow worse as...

Oil Crashes to 18-Year Low With Broken Market Drowning in Crude

© Bloomberg. Oil pumping jacks, also known as ...

Britain waives import taxes on medical equipment

© Reuters. FILE PHOTO: FILE PHOTO: Newly appointed Britain's...

Brent and WTI oil prices set for their worst ever quarter

A pumpjack near the Yamashinskoye rural settlement in the Almetyevsk District.Yegor Aleyev | TASS via Getty ImagesOil prices are on pace to register their...