Despite uncertainties and concerns about the resurgence of the coronavirus pandemic, crude oil prices appear set for a third consecutive week of gains, as the oil market stabilizes o… Read More
Brent crude made a new 13-month low on Monday around $53.11 on news that potentially deeper OPEC+ cuts may not occur soon. The spreads in the futures markets are signaling weaker demand, wit… Read More
Oil prices rose on Friday, pushed up by ongoing supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, putting the crude markets on pace to post their biggest f… Read More
In its rebound from the 2020 downturn, Brent flirted with 70/barrel. Higher prices in 2021 mean higher cash flow for producers, perhaps even record-setting highs. Have the good times returne… Read More
French supermajor Total reported a net loss of $7.2 billion for 2020, down from a profit of $11.27 billion for 2019, in keeping with what all pandemic-stricken oil majors have suff… Read More
The exchange rate Canadian Dollar is doing fine in September. Bank of Canada interest rate decision is set to dominate the currency movement this week. Bank of Canada is expected to announce… Read More