Abu Dhabi oil giant lands largest energy agreement of 2020
A consortium of global investors has entered into a $20.7 billion agreement with Abu Dhabi National Oil Company (ADNOC). Last ...
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Tag: oil markets
IEA expects global energy market to take a toll amid coronavirus
In a recently published World Energy Investment report, the International Energy Agency (IEA) warned about the economic impact of the ...
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China to expand its oil storage capacity as demand rebounds
China is looking to expand its oil storage capacity as the demand for the commodity rebounds with the country slowly ...
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Surprise production cuts from Saudi Arabia shocked the oil market
The oil market was rattled after Saudi Arabia, the world's oil giant, announced a voluntary production cut this week. In ...
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Persistent glut worries dog oil price anew as it drops to 2% today
The oil price of crude in the market went down today after cautious wins earlier this week. CNBC reports that ...
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Brent crude could double by 4Q20 despite slow growth
International standard Brent crude is closely being watched as oil prices begin to rally anew. This is after a shaky ...
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Dow Jones closes flat after oil rebound and doubts in Gilead tests
In a wild session last April 23, the Dow Jones closed 39.44 points despite rallying 400 points within the day. ...
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