Search result for oil war
MAY 2020 SPELLS GAINS FOR OIL: WESTERN TEXAS INTERMEDIATE CLOSES AT 88% FOR MAY
Highlights:
- Balance in the demand and supply restored for oil
- With reopening of the economies, oil gets another boost
Post the historic dip to below zero in April 2020, oil has made a miraculous recovery. It was actually a matter of time since this w...
RUSSIA AND SAUDI OIL WAR COULD BENEFIT SHALE GAS INDUSTRY, SAY OIL ANALYSTS
Highlights:
- The oil price war between Saudi Arabia and Russia could hurt American shale oil and gas companies.
- However, this oil war may benefit the shale gas industry in Pennsylvania, according to a senior analyst at S&P Global Platts.