Oil Posts Worst Quarter Ever as Physical Market Cratered
Oil posted the worst quarter on record after the coronavirus crushed demand and raised fears about overflowing storage tanks.
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Some Refiners Benefiting From Crude-Price Drop
America's biggest fuel makers are taking advantage of low oil prices to capture profits while slowing fuel production.
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US LNG Giant Signaling It May Curb Production
Cheniere Energy has tendered to buy six shipments for delivery to Europe later this year, rare for a company that's a seller of the fuel.
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Saudis Make Good on Oil Wave Promise
The first wave of crude oil is already on its way toward Europe and the US.
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Putin, Trump Agree Sinking Oil Prices Not In Mutual Interest
Vladimir Putin and Donald Trump agreed in a phone call Monday that "current oil prices aren't in the interests of our countries."
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Ineos Producing Sanitizer to Help Combat Virus
Ineos revealed Tuesday that it has started producing one million hand sanitizers per month to help combat the coronavirus outbreak.
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BP Issues AGM Warning
BP has outlined that it may not be possible to conduct its annual general meeting as usual this year due to the Covid-19 pandemic.
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