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OilMonster
Crude Oil News
Oil Falls After Saudi Arabia, Russia Delay Meeting, Cushing Stockpiles Soar
OPEC+ is working on a deal to cut production by about 10% of world supply,…
April 7th 2020
OPEC+ Likely to Agree to Cut Production if U.S. Joins Effort
That frustration led in part to March’s collapse of an OPEC+ supply deal that has…
April 7th 2020
Oil Prices Decline $3 a Barrel as Market Remains Uncertain on Supply Outlook
Trump said on Saturday that he will put tariffs on Saudi and Russian production, potentially…
April 6th 2020
Saudi Arabia Delays Setting May Prices, Looks to OPEC Meeting to Settle Price War
The Saudi source said that Riyadh wants to avoid a repeat of the outcome of…
April 6th 2020
Oil Traders Ditch Third Party Crude Trading
Majors including ExxonMobil, BP, Total, and Russia’s Lukoil are among those shutting out third parties…
April 3rd 2020
Oil Traders Ditch Third Party Crude Trading
Majors including ExxonMobil, BP, Total, and Russia’s Lukoil are among those shutting out third parties…
April 3rd 2020
Brent Physical Oil Benchmark at Record $10 Discount to Futures
Different commodity pricing agencies set dated Brent but the industry typically uses the one set…
April 3rd 2020
Chinese Buyers Snap Up U.S. Oil Purchases at Widest Discounts Ever
U.S. crude is mired in deep discount as producers, forced to clear pipelines stuck with…
April 2nd 2020
Saudi Oil Supply Hits Record High Despite U.S. Pressure
Crude oil benchmarks ended a volatile first quarter with their biggest losses in history.
April 2nd 2020
Oil Ends March with Biggest Monthly and Quarterly Losses Ever
Fuel demand is expected to fall sharply in coming months, with Trafigura’s chief economist predicting…
April 1st 2020
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