On Monday, oil prices fell by nearly 30% after Saudi Arabia slashed oil prices and set plans for a significant increase in crude production from April. Following the Saudi move, oil prices fell by as much as a third after… Read More ›
oil markets
Hurricane Harvey thrash U.S. Gulf Coast refineries, brings crude production comes to a grinding halt
In the long run analysts expect Harvey to have long term impact on U.S. crude’s value chain. With Hurricane Harvey leaving a trail of destruction, knocking out refineries and crude production facilities, along the U.S. Gulf Coast, oil markets around… Read More ›