Here’s Why Oil Prices Will Never Recover

2020-5-6 02:06

Oil prices are gaining momentum, but the same supply issues that pushed the commodity below $0 still exist despite easing lockdowns. The post Here’s Why Oil Prices Will Never Recover appeared first on CCN.com

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Oil Prices See Unprecedented Surge Following Devastating Drone Attacks on Saudi Production Fields

Oil prices skyrocketed in early futures trading on Monday, as Saudi Arabia rushed to restore lost output following a weekend attack on the kingdom’s production fields. The attack, which was claimed by Yemen’s Houthi rebels, is considered a game-changer in Saudi Arabia’s multi-year effort to rein in its opponents to the south.

2019-9-16 02:07