Worried about the possibility of the second wave of coronavirus, investors started shedding their assets, which led to a more than 3% drop in oil prices worldwide. Both the ICE
On Saturday, representatives of the countries included in the OPEC+ cartel managed to agree on the extension of the restrictions on oil production. It also became known that those countries
Brent crude oil price has increased today, WTI crude oil is in equilibrium. Both assets have finished the week with the growth (for six weeks in a row). The reason
A reputable publication The Wall Street Journal has published the information about the possible extension of production restrictions by OPEC+ countries. It should be noted that the restrictions, which were
The energy market ended the week in a “green zone”. The American WTI crude oil showed two-month highs on Friday.
Petrobras, a Brazilian state-owned oil and gas corporation, has released April reports. It became known that in a month the
May 1 has come. Market participants have been waiting for this day, because on this very day the OPEC+ countries
Today, the WTI crude oil is plummeting. The fall has amounted to 15%.The investors’ desire to get rid of futures
Today’s session began for “black gold” with a fairly significant decline in quotations. The asset is getting cheaper because the
This week, “black gold” seems to get crazy. Oil futures of the American WTI crude oil have shown negative values.