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Brent Crude

Oil prices dipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts. Read more

Commodities

Crude oil supply disruptions—realized or expected—can have large and immediate effects on crude oil prices. Read more

Commodities

Crude prices dropped 2% to three-month lows as the death toll from China’s coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand. Read more

Commodities

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Global benchmark Brent was down $1.13 to $60.91. Read more

Commodities

EIA expects that crude oil prices will remain elevated in the first few months of 2020, reflecting a price premium on crude oil from recent geopolitical events. Read more

Commodities

Oil rose as the long-awaited Phase 1 trade deal between the United States and China brought some relief to markets. Read more

Commodities

Oil prices slipped on concerns that the U.S./China Phase 1 trade deal may not provide much of a demand boost because the United States intends to keep tariffs on Chinese goods until a second phase deal. Read more

Commodities

Oil prices fell almost 1%, surrendering some recent gains as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander last week. Read more

Commodities

Oil prices were little changed as Russia said an OPEC-led producer group may consider easing output cuts next year. Read more

Commodities

Oil rose further above $65 a barrel, supported by hopes that the U.S.-China trade deal will bolster oil demand in 2020 and the prospect of lower U.S. crude supplies. Read more

Commodities

Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going forward. Read more

Drilling & Exploration

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles. Read more

Commodities

Oil had risen for the last two days on expectations that China and the United States would soon sign a preliminary agreement beginning an end to their 16-month trade dispute. Read more

Commodities

The current agreement is for a production cut of 1.2 million bpd until the end of March. Read more

Commodities

The company is pursuing a potential transaction with Subsea 7 as it seeks to bulk up and weather an industry downturn. Read more

M&A/Investment

China and the United States have agreed in the past two weeks to cancel tariffs in different phases. Read more

Commodities

U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 million barrels per day (b/d) in 2018, setting a new annual record. Read more

Offshore & Marine

On Saturday, September 14, 2019, an attack damaged the Saudi Aramco Abqaiq oil processing facility and the Khurais oil field in eastern Saudi Arabia. Read more

Commodities

Prices extended losses following data that showed U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining as trade tensions weighed on business confidence. Read more

Commodities

Oil prices rose more than 2% on Friday, regaining some ground after their biggest falls in years. Read more

Commodities