[ad_1] An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off…

[ad_1] Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on…

[ad_1] An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia.Simon Dawson | Bloomberg |…

[ad_1] OPEC and its oil-producing allies agreed on Saturday to extend the group’s historic production cut for an additional month in an ongoing effort to balance the…

[ad_1] The U.S. economy added a record number of jobs in May as it appeared to bounce off the bottom of the coronavirus recession, and now…

[ad_1] A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.Dado Galdieri | Bloomberg |…

[ad_1] U.S. equities started the week with slight gains on Monday, lifted by advances in mega-cap technology darlings Apple and Microsoft.  However, worries about a resurgence in…

[ad_1] An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma.Tom Pennington | Getty ImagesOil prices were steady on…

[ad_1] An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California.David McNew | Getty ImagesOil prices slid on…

[ad_1] Oil pumps at sunset, industrial oil pumps equipment.Pramote PolyamateOil rose to above $42 a barrel on Friday, adding to gains in the previous session, after…