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Crude Oil - OPEC ministers to meet in Vienna to face coronavirus threat to oil demand
Talk of the bigger cut has helped lift oil prices in recent days. Brent crude LCOc1 and WTI CLc1 prices have rebounded somewhat over the past two days from a more than 20% drop from their 2020 ...
Reps task NEPC on improved forex earnings, 35% non-oil export minimum target
Apart from existing fact that we all know that this year’s budget the country typically we are still dependent much on crude oil sales. “As we speak right now even the benchmark of $55 per ...
Alaska Permanent Fund loses $2.8 billion as coronavirus fears hammer markets and oil prices
Public officials downplayed the impact of the dip and markets rebounded somewhat on Monday. But the virus has also led to a slump in the price of crude oil — the No. 2 source of revenue for Alaska’s ...
Oil extends gains amid optimism for coordinated effort to offset virus
Oil prices extended gains on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak.
Oil shipments via CPC Marine Terminal in 2M’2020 declined by 0.2% YoY to 10.48 million tonnes
In February 2020, CPC Marine Terminal (MT) lifted 4 875 548 gross tons (38 629 834 barrels) of crude oil, 46 tankers were handled. Out of the 4 875 548 tons lifted in February 2020, 2 385 647 tons of ...