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Brent crude could double by 4Q20 despite slow growth

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 start to the week...
Oil price fluctuation is the “new normal" for now

Oil price fluctuation is the ‘new normal’ for now

The previous week was a roller coaster ride of emotion for oil investors and stakeholders as oil prices went negatively lower again. While prices have...
Oil prices drop to zero but manages to rebound strong

Oil prices drop to zero but manages to rebound strong

On April 21, commodity markets witnessed history as oil futures for May expires reaching negative territory hitting  -US$37.63 for the first time. Yesterday, oil...
Oil massively drops to start the week

Oil massively drops to start the week

U.S. crude falls down more than 20% as traders are worried over low demand due to the COVID-19 pandemic. The May oil futures contract...
Saudi Aramco slashes May oil prices to Asia, US to receive price hike

Saudi Aramco slashes oil prices to Asia, US to expect price hike

Weak oil demand pushed Saudi’s oil giant to cut its selling price for its May export to countries in Asia by US$7.30 , while...
Crude oil prices jump again as rally continues, fuel demand increases

OPEC, allies finally agree to deal cutting oil production

The Organization of the Petroleum Exporting Countries (OPEC) and its allies have agreed on a historic 10 million barrel per day oil production cut. Oil...

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