Crude costs fell for the second straight session, plunging by practically 4 % on Wednesday as quickly rising numbers of Covid-19 infections worldwide spur oversupply considerations. ...

The coronavirus buying frenzy has spilled over into authorities degree as international locations start hoarding meals amid fears that the pandemic’s impact on international provide chains may trigger worth hikes. ...

Regardless of claims that their economies can survive low oil costs, Gulf nations are grappling with a large half-trillion-dollar finances deficit. Gulf ...

President Donald Trump has signed a brand new govt order on prescribed drugs, which he mentioned will pressure the makers of prescribed drugs to provide US customers the identical decrease costs that they cost in Canada and different nations. ...

Worldwide benchmark Brent and West Texas Intermediate (WTI) prolonged losses on Friday after a shock rise in US crude inventories triggered issues over a provide glut within the international oil market already rattled by Covid-19. ...

It’s a worrying time for oil markets as bullish information fails to drive oil costs greater and a wave of damaging developments look set to hit the business within the coming weeks. ...

Oil futures dropped on Monday as members of the Group of the Petroleum Exporting Nations (OPEC) and their allies led by Russia, generally known as OPEC+, are set to ease file oil manufacturing cuts, beginning this month. ...

European customers will profit from decrease fuel costs if the underwater pipeline from Russia to Germany, the Nord Stream 2, is accomplished, power consultancy Wooden Mackenzie stated because the US is up in arms making an attempt to cease the undertaking. ...

After having gone under zero this 12 months as a result of coronavirus pandemic and to disagreements between international oil producers, the value of crude has all of the probabilities of rebounding considerably from these historic lows. ...

The value of copper, which has surged these days, is more likely to stabilize within the coming quarters, business consultants say. The purple steel is commonly seen as a bellwether for the overall state of the worldwide financial system. ...