Vision Times
Subscribe
Newsletter
Truth, Inspiration, Hope.

Tag: Crude oil

Saudi Arabia is cutting oil production in July, it said during the June OPEC meeting.
Saudis Slash Oil Production By 1 Million Barrels Daily as Oil Market Chess Match Sharpens
A new move has been made in something of a chess match between Saudi Arabia and the Biden administration...
The Saudis have banned big U.S. media from the OPEC meeting in Vienna.
OPEC Banishes Three Major Western Media From June Meeting In Vienna
The world’s most prominent oil cartel, OPEC, has banished several of the largest names in the western...
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying...
Oil Prices Rise Amid Optimistic Outlook of Easing Inflation
NEW YORK — Oil prices rose on Tuesday, Nov 15 along with major stock indexes, after U.S. data signaled...
Oil Prices Fall 2.5% Amid ‘Zero-COVID’ Worries and Unstable Supply Chains
NEW YORK — Oil prices sank by more than $2 a barrel on Wednesday, Nov. 9 after industry data showed that...
Oil Prices Fluctuate Amid Recession Concerns and Unstable Chinese Demand
NEW YORK (Reuters) — Oil prices toggled between negative and positive territory on Friday, Oct. 21 as...
Oil-storage tanks are seen from above in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in history on April 20. Although oil prices have stabilized somewhat since the unprecedented dive, the world remains in the throes of a glut of crude oil caused by a precipitous fall in demand due to the global coronavirus pandemic coupled with a lack of storage capacity for crude already in transit or still being produced.
Oil Prices Soar to Six-Year High Amidst OPEC Plus Infighting, Creating Winners and Losers
Infighting among key players of the Organization of the Petroleum Exporting Countries (OPEC) Plus alliance...