Tag Archives: Oil Price

A drop in US crude inventories helped oil prices to stay near three-month highs.

Oil prices are struggling to extend their gains as investors await further details regarding the U.S.-China ‘Phase One’ trade deal.

Price shocks would only happen if producers violate their commitments.

The United States was a net oil exporter for the first time in decades in September.

The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.

The big three oil producers in China were expected to spend $77 billion on oil developments this year.

The challenge for OPEC+ is the strong supply growth elsewhere in the world.

The IPO will be priced on Dec. 5. the same day OPEC meets in Vienna. The OPEC+ grouping holds talks on Dec. 6.

Exxon'.s shares heavily underperformed relative to other Oil Majors over the past five years.

Brazil’s oil production is set to grow in the near term.