Oil crash. Crude has dropped 20% today

Map. History of Energy conflict

7 June 2020
Oil futures in the United States closed with a drop of 24.42% to $20.37 per barrel
Oil crash. Crude has dropped 20% today
2 month ago
Oil continues to tank as Western Canada Select slides to $7.63 US, down $4.60. West Texas Intermediate drops $4.61 to $22.34 US. On the stock markets, Dow losses top 1,500 (6.9%) while TSX sheds 865 (6.8%)
2 month ago
Western Canadian Select (WCS) oil is now at around $11/barrel.
Oil plunges 9%, WTI drops under $25
Reuters: The Saudi Energy Minister announces an increase in oil exports soon to about 10 million b/d
Agreement between Libyan government and Egypt's El Sewedy Electric signed
Oil drops, Brent tumbles 10%  - Bloomberg2 month ago
Oil drops, Brent tumbles 10% - Bloomberg
2 month ago
Belarus oil company Belneftekhim: we are working on oil supplies from United States
Ukraine started to pump crude oil to Belarus via Odesa-Brody pipeline and 2nd tanker arrived in Odesa port
The vice president of the Sudanese Transitional Sovereign Council says that his country will be a mediator between Egypt and Ethiopia with the aim of reaching an agreement on the Renaissance Dam
The United States on Thursday imposed sanctions on another subsidiary of Rosneft: "TNK Trading International S.A. is another Rosneft subsidiary brokering the sale and transport of Venezuelan crude"
European stocks are still trading, and still falling. Stoxx 600 Index drops 9.6%
UAE Energy Minister regrets the collapse of OPEC+ and calls for a new agreement
UAE: ADNOC is in an excellent position to keep abreast of market changes and developments
Price war escalation continues. This time from the UAE. Abu Dhabi's Adnoc will boost crude supply to more than 4mbd. Perspective- that is more than 1mbd they pumped in February
Saudi Aramco says the government has ordered it to boost its maximum sustainable production capacity to 13 million barrels per day (from currently 12 million barrels per day). More shock-and-awe (and a pretty expensive awe too)
2 month ago
Russian stock exchange down more than 10% on opening
The SDF restarted the flow of energy products through the Manbij crossing to Turkish-controlled areas and Idlib.
Oil prices have plunged 30% to around $31 a barrel - its lowest price since 1991. Dow futures plunged more than 1,000 points
Saudi Arabia is launching the oil market equivalent of a declaration of war: plan for a big production hike, and offering discount for its crude
Egyptian Foreign Ministry: The Ethiopian Foreign Ministry statement regarding the Renaissance Dam lacks fitness and diplomacy and involves an unacceptable insult to the League of Arab States
3 month ago
The continuation of OPEC discussions in Vienna on deepening the reduction of oil production by 1.5 million barrels per day
Oil falls more than 4% as Russia defies OPEC's call for output cuts3 month ago
Oil falls more than 4% as Russia defies OPEC's call for output cuts
Economic fallout continues from a protracted blockade of Libya's vital oil fields and ports, with losses close to $2.708 billion, the national oil corporation announced, intensifying the pressure on the UN-supported government in Tripoli
3 month ago
Novak is now meeting with Azerbaijan's energy minister ahead of the OPEC plus meeting
Ethiopia: We stress our right to use the Nile water resources to meet our needs
The Ethiopian Foreign Ministry announces its rejection of the Arab League decision regarding the Renaissance Dam
Oil in London has collapsed below $50 a barrel3 month ago
Oil in London has collapsed below $50 a barrel
3 month ago
Belarus sees no reason to work on roadmaps for integration with Russia until issues with oil supplies are resolved: Foreign Minister
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