Oil Prices

OPEC, allied nations agree to extend oil production cut until end of July
World News

OPEC, allied nations agree to extend oil production cut until end of July

OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day…
Coronavirus: Oil prices drop below zero as Saskatchewan companies slash budgets
World News

Coronavirus: Oil prices drop below zero as Saskatchewan companies slash budgets

The price of a barrel of Western Texas Intermediate crude oil, a global benchmark for oil prices, cost less than…
U.S. oil prices tumble to 20-year low, threatening stock rally
World News

U.S. oil prices tumble to 20-year low, threatening stock rally

Caution recaptured world markets on Monday as a near 30% drubbing for U.S. WTI crude oil kicked off a busy week of…
Saskatchewan provincial government unveils help for oil and gas industry
World News

Saskatchewan provincial government unveils help for oil and gas industry

The Saskatchewan government announced help for the provincial oil and gas industry, which is struggling with low oil prices brought…
Coronavirus: Ecuador to collect from businesses, residents in drastic economic plan
World News

Coronavirus: Ecuador to collect from businesses, residents in drastic economic plan

Ecuador‘s President Lenin Moreno unveiled an emergency economic plan Friday aimed at rescuing the South American nation hard hit by…
Coronavirus: Saudi Arabia criticizes Russia over collapse of oil prices
World News

Coronavirus: Saudi Arabia criticizes Russia over collapse of oil prices

Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in…
Saudi Arabia set to increase oil production to record high amid OPEC dispute
World News

Saudi Arabia set to increase oil production to record high amid OPEC dispute

Saudi Arabia‘s state-run oil giant Saudi Aramco said Tuesday it would increase its crude oil production to 12.3 million barrels…
Coronavirus: Oil prices, stocks plunge as anxiety over COVID-19 outbreak mounts
World News

Coronavirus: Oil prices, stocks plunge as anxiety over COVID-19 outbreak mounts

The world’s largest economies delivered more worrisome cues Monday as anxiety over the virus outbreak sent stock and oil prices…
COVID-19: Oil prices, jobs slashed as global coronavirus spread continues
World News

COVID-19: Oil prices, jobs slashed as global coronavirus spread continues

With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even…
Oil prices, stock markets tumble as coronavirus cases spike in China
World News

Oil prices, stock markets tumble as coronavirus cases spike in China

Stock markets and the price of oil tumbled Monday after China announced sharp increases in the number of people infected…
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