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Crude oil outlook remains gloomy

Crude oil outlook remains gloomy

Oil prices declined after climbing to the highest in more than a year. Prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by …

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Will OPEC plus opt for deeper oil cut?

Will OPEC plus opt for deeper oil cut?

Members of Organization of Petroleum Exporting Countries (OPEC) are scheduled to meet in Vienna in first week of March 2020. Top of the agenda item is to decide production quotas in the aftermath of coronavirus spread. To arrive at further …

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