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Oil Prices Plummet 7% on Fears of a Glut
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The original deal would have allowed increases starting next month. The new pact reflects producers’ concerns that the oil market could fall apart again....
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Channel: Environment
June 6, 2020, 10:50 -
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Oil producers in the OPEC Plus group reached a compromise on a modest production increase, but the talks revealed strains in the group.
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December 3, 2020, 12:40 -
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The drop in use of gasoline and other fuels comes as Saudi Arabia and Russia increase production, sending oil prices to their lowest level in a generation....
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March 31, 2020, 09:50 -