Tag: Capacity
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
...
IMF extends bilateral borrowing arrangements through 2023
© Reuters. FILE PHOTO: The International Monetary Fund (IMF)...
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...
