OPEC
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Fuel
OPEC+ group extends crude oil output cuts through July
Move holds off a return of almost 2 million barrels per day to the market
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Fuel
Wide-ranging deal on cutting oil supplies gets a yawn from the market
The deal runs through 2022 so plenty of time to judge its impact.
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Fuel
Oil-exporting nations to cut output 10 million barrels per day; after that, it’s tricky
Reduction would be record-breaking but isn’t likely to be adequate to stabilize markets.
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Fuel
Oil markets ready for back-to-back meetings on cutting output in flooded market
The three countries to keep an eye on: U.S., Saudi Arabia and Russia.
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Today's Pickup
Today’s Pickup: Developing countries stand to lose up to 85% of their oil and gas income this year
Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items.
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American Shipper
Supertanker spot rates reach record highs
As the world reels from coronavirus, crude-tanker owners are raking in massive returns.
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American Shipper
Tanker rates spike as Saudis pull trigger on oil price war
Tanker rates are back in the stratosphere as the Saudis move ahead with production push.
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American Shipper
What crude price collapse means to ocean shipping
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
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Fuel
The oil price war is on; what that means for buyers of diesel
Saudi Arabia’s actions have sent markets plunging on top of earlier declines.
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Fuel
Oil plummets on no OPEC deal, but US shale could be the target
OPEC recommended steep cuts and a Russian-led group balked.
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