August WTI futures fell by $0.21.
Bipartisan group of senators proposes to expand sanctions against any pipe-laying activities, technology upgrades, insurance services and certification for Nord Stream 2
Despite the few members who failed to being production down as low as promised, OPEC’s overall May production was the lowest that it’s been since 2002.
In a bid to limit the damage inflicted by the global oil crisis and the impact of the ongoing pandemic, many companies are taking short-term risk mitigation measures to stay afloat
Many people do not work due to quarantine, so the commissioning of new facilities is delayed.
Trump promises to support the energy industry.