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Tuesday, October 26, 2021
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Oil steadies as demand fears due to Covid-19 offset high OPEC compliance

Oil prices steadied on Tuesday as high compliance with supply cuts from the OPEC+ producer group offset demand fears from the new coronavirus. Brent crude...

Saudi Arabia’s oil exports to US skyrocketed amid coronavirus lockdowns

Saudi Arabian oil exports to the U.S. more than doubled from February to March even as oil prices crashed and American shale producers reeled...

Coronavirus to erase nearly a decade of oil demand growth in 2020: IEA

The International Energy Agency (IEA) said Wednesday that it expects the coronavirus crisis to erase almost a decade of oil demand growth in 2020,...

OPEC and allies finalize record oil production cut after days of discussion

OPEC and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 million barrels per day, following multiple days...

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