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Brent Oil - Latin America's oil producers sweat to cover costs as price war takes toll

24-03-2020 04:14

A price war between the world's oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting the chances of output cuts and investment delays in the ...

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Oil jumps 5% to over $28 on Fed steps to support economy

"It is highly questionable whether the good mood will continue on the oil market, however." Brent crude was up by $1.38 a barrel, or 5.1%, to $28.41 by 1007 GMT. The global benchmark fell to $24.52 on ...

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Rystad Energy: oil price war and Covid-19 could derail two-thirds of project sanctioning in 2020

If price of Brent crude averages around US$30/bbl in 2020 ... representing a decline of 57%. In North America, multi-billion dollar oil projects, including LLOG-operated Shenandoah Phase 1 and the ...

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Oil jumps 5 per cent to over $28 on Fed steps to support economy

“It is highly questionable whether the good mood will continue on the oil market, however.” Brent crude was up by $1.38 a barrel, or 5.1 per cent, to $28.41 by 1007 GMT. The global benchmark fell to ...

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Closing prices for crude oil, gold and other commodities

Benchmark crude oil rose 73 cents to close at $23.36 a barrel Monday. Brent crude oil, the international standard, rose 5 cents to $27.03 a barrel.

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