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Crude Oil - If Trump's Diplomacy Fails, $10 Oil Will Threaten U.S. Energy Independence

03-04-2020 04:16

President Donald Trump meets U.S. energy company CEOs on Friday after a week of diplomacy to end an oil price war between Russia and Saudi Arabia.

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OPEC+ producers debating possible oil cuts of 10mln bpd -OPEC source

The OPEC+ crude oil exporter group is debating cutting global supply by 10 million barrels per day (bpd), an OPEC source said on Friday, adding that any further cuts must include producers from ...

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Closing prices for crude oil, gold and other commodities

Benchmark crude oil rose $5.01 to settle at $25.32 a barrel Thursday. Brent crude oil, the international standard, rose $5.20 to $29.94 a barrel.

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Overflowing oil tanks have traders eyeing rail cars for storage

Oil companies are turning to rail cars to stash the crude they can’t sell, as the world runs out of places to store a growing glut of cheap barrels. North American producers, refiners and traders are ...

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Global stocks lower on US job losses, pricier oil

Some markets followed Wall Street higher after President Donald Trump said on Twitter he expected major oil producers Saudi Arabia and Russia to back away from their ... New Zealand, Jakarta and ...

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