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Oil Price - Oil falls as market corrects boosted price levels
Oil prices declined today as the market is correcting the exaggerated price levels reached in yesterday’s session. Meanwhile, Covid-19 demand concerns and US supply return.
Oil Price Fundamental Daily Forecast – Saudi’s Urge Compliance with OPEC+ Cuts; Another Storm Brewing in Gulf
OPEC+ stressed at a meeting on Thursday that it would take action against members not complying with the deal to cut production.
Like Oil Prices, Marathon Oil Stock is Going Nowhere Fast
And, as I noted last month, CEO Lee Tillman says Marathon can break even with oil in the mid-$30 range. And furthermore, Tillman projected every $1 increase in crude prices would yield $55 million in ...
Crude Oil Prices Bounce Up as Oil Sherriff Issues Stern Warning
Crude oil prices bounced higher at the last trading session of the week. The impressive gain recorded in the energy market is partly attributed to the better than anticipated plunge in U.S crude oil ...
Argos Resources first-half losses widened on oil prices weakness
Oil and gas company Argos Resources reported wider losses in the first half of the year amid weaker oil prices. For the six months ended 30 June 2020, pre-tax losses widened to $192K from $176K ...