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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...

Supertanker Rates Explode As Traders Race To Store Oil

Supertanker rates are surging again, for a second time this month, as a growing global glut is making more traders...

Freight forward curve moves into steep front-month backwardation on OPEC+ oil...

April freight forward agreement paper contracts moved into a steep backwardation of Worldscale 50 versus Q3 contracts Thursday...