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Petroleum Newsroom
Maersk Supply to axe jobs amid negative development in oil and gas market
[ad_1] قررت شركة Maersk Supply Services ، وهي شركة دانمركية لسفن الإمداد البحري ، تقليل منظمتها البرية بسبب الوضع الصعب…
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Petroleum Newsroom
Why oil prices went negative and why they can go negative again
[ad_1] Geology is the study of pressure and time. That’s all it takes really… pressure… and time. Red Redding “The…
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Petroleum Newsroom
Traders describe oil’s wild week and fall to negative prices
[ad_1] Comstock | Stockbyte | Getty Images “Scary,” “unbelievable,” “so dramatic,” “unprecedented,” “very visceral”: These are among the choice words…
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Petroleum Newsroom
Rebound in oil is temporary, prices will turn negative again: analysts
[ad_1] Oil prices recovered from earlier losses overnight, but it might not be a rebound and could simply be markets taking…
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Petroleum Newsroom
CME boss says his exchange is not for retail investors and it’s ‘no secret’ futures can go negative
[ad_1] The futures market for oil contracts worked “to perfection” on Monday for the professional investors that the market is…
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Petroleum Newsroom
Oil traders have never seen ‘insane’ market like this before, fear more declines to negative prices
[ad_1] The oil market is facing uncharted territory as the drop-off in demand, caused by the coronavirus pandemic, combined with…
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Petroleum Newsroom
Negative oil prices can go even lower as coronavirus and storage limits ravage crude
[ad_1] An oil futures contract in the U.S. made a historic plunge on Monday, with West Texas Intermediate crude for…
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Petroleum Newsroom
Oil prices could turn negative as storage nears capacity
[ad_1] An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in…
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Petroleum Newsroom
As oil prices tank, BP CFO warns demand could be negative in 2020
[ad_1] A general view of the BP ETAP (Eastern Trough Area Project) oil platform in the North Sea around 100…
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