Big Oil shares sink while Chevron prepares for Noble Energy takeover
Noble Energy will today approve a buyout by US oil giant Chevron, at a stock value of $4.2bn.
Byoil prices
What is oil contract trading, and could prices go negative again?
As the Monday deadline for the June contract nears, Offshore Technology asks whether oil contracts could once again fall into…
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Oil price rises with output cuts in response to Covid-19 demand
Oil prices have gained into Thursday, with signs producers are curbing production. Fuel demand has collapsed as the coronavirus pandemic…
ByOil prices plunge to 20-year low as coronavirus hits demand
Oil prices have declined, falling to their lowest since 1999, as the evaporation of demand caused by the coronavirus pandemic…
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US crude oil futures break rock bottom, close down nearly $40
US crude oil prices were trading at historic lows below $0 a barrel, after turning negative for the first time…
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Oil price sinks with Covid-19 demand as US storage facilities fill
Oil prices have edged down amid concerns that the US storage facilities would soon be filled as the novel coronavirus…
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Oil prices stabilise after steep losses due to rise in US stocks
Oil prices largely stabilised after incurring major losses in the previous session due to a record increase in US crude…
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Oil prices fall $28 per barrel due to oversupply worries
Oil prices have edged down 5% to about $28 a barrel as reports suggested persistent oversupply and collapsing demand in…
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