As OPEC + promotes production cuts, and US oil producers reduce production, and countries around the world gradually relax restrictions on corona outbreaks, investors’ expectations…
Tag: Oil Wars
Stock Market Circuit Breaker Rules
Volatility in the market today triggered the first of three circuit breaker rules (a 7% drop of the S&P 500) and trading resumed at 9:49…
Oilfield Bust? Time to invest in oil?
The Oil industry is witnessing a major correction. Mass Layoffs and investment pull-back from oil majors are expected after Oil prices plunge because OPEC+ failed…
Oil Sector Companies with high debt could see bankruptcies soon
Eric Hess, Newfleet Asset Management portfolio manager, joins ‘Fast Money Halftime Report’ to discuss the state of the market amid the oil war. Oil Wars:…
Oil Wars Approaching The Over Leveraged American Oil Co’s
State oil giant Saudi Aramco has set its Arab light crude oil to Asia for April at a discount of $3.10 to the Oman/Dubai average,…
Saudi Aramco Cuts Crude Oil Prices
The cuts in monthly pricing by state producer Saudi Aramco are the first indication of how the Saudis will respond to the break up of…
$1.5 trillion IPO up in smoke?
New security fears jeopardize Saudi Aramco’s public stock offering following the attack. last week Saudi Aramco CEO Amin Nasser told media, the company would list…
Half of Saudi Arabia’s oil industry got taken offline by 1 drone
Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, Taking out more than half the Dictatorships…
China has begun imposing new tariffs to crude oil from the U.S
China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump’s trade war, China also filed a complaint…
Crude Oil as the new weapon in the U.S and China trade war?
As the U.S.-China trade war continues to escalate, Beijing and its energy giants appear to be bracing for a worst-case scenario where the spat would…
Mexico kicks off $7.7 billion refinery construction amid trade tariffs from the U.S
Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery amid a call by President Andres Manuel Lopez Obrador for…
Trade War Logs – Chinese Oil Buyers Shun US Crude
Chinese oil traders and refiners no longer want to sign long-term supply agreements with U.S. producers, said the chief executive of Enterprise Products Partners as…