Tag: global oil demand

Why OPEC+ Oil Production Cut Agreed Under Covid-19 Stress Is Destined To Fall Apart

An oil tanker at the port of Ras al-Khair, north of Dammam, Saudi Arabia. (Photo: Giuseppe Cacace) ...

Crude Reality Of Dire Demand Sends Oil 9% Lower Despite Historic OPEC+ Deal

An oil production cut of historic proportions was sealed on Easter Sunday (April 12) to help a beleaguered oil and gas industry from hemorrhaging...

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