Tagged With Oil Supply

OPEC said it expects oil demand to drop by 9 million barrels per day this year, a 33% increase from its last forecast

OPEC members are considering oil-production cuts ahead of schedule in order to backstop plunging prices, new report says

Traders piled $1.6 billion into an oil ETF last week — right before prices went negative for the first time in history

Oil is experiencing rare oversupply that's threatening to further whipsaw the market and drive prices even lower

Goldman sees oil tumbling another 32% by July as coronavirus hits demand

Energy stocks are rallying as crude oil rebounds

Oil prices are likely to remain elevated amid threats to the US production outlook

Oil prices are slipping as producers continue a complex negotiation over who cuts production first

Russia is going to run out of emergency cash by 2018

People are almost completely ignoring a looming crisis for oil

The oil industry's massive supply and demand problem is about to get even worse

Nigerian militants are controlling the world's oil prices right now

'There are 2 existential threats to the oil industry' -- and it has nothing to do with OPEC

Oil prices may counterintuitively crash further because of oil producers' high debt levels