News

April 1, 2020
gas prices

As oil tanks, Trump talks with Russia’s Putin, Saudi Arabia’s crown prince

Saudi Arabia and Russia are engaged in an oil price war that is decimating the U.S. energy industry as demand falls due to the coronavirus, and […]
April 2, 2020
graph-prices

5 charts that explain the Saudi Arabia-Russia oil price war so far

Two of the world’s largest oil producers — Saudi Arabia and Russia — are set to increase production dramatically this month, after an agreement between OPEC […]
April 2, 2020
globe-Saudi

Oil-Price War Batters Poorer OPEC Members as Coronavirus Looms

With Saudi Arabia preparing to flood oil markets with a surge of output beginning as early as Wednesday, several of its OPEC brethren are cutting expenditures […]
April 3, 2020
oil rig

Oil surges 35% after Trump says he expects Saudi Arabia and Russia to end their price war

Oil rallied sharply on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to cut back on oil production to save the drowning […]