In the first quarter of 2020, we saw billions of people on lockdown or various forms of stay at home orders due to the COVID-19 pandemic. As the world comes back online slowly, many industries continue to feel the pains of COVID-19. Oil refineries are among those who are struggling despite reopening and increasing oil …
Refineries Are Feeling the Squeeze Amid COVID-19 Read More »
After failing to reach an agreement about oil production and falling costs of oil, Saudi Arabia and Russia left talks with an impending price war and the three-year OPEC alliance is undoubtedly in question. Saudi Arabia made it clear that it was going to increase production and further announced stunning discounts on oil to the …
Understanding the Implications of Increased Oil Production in Saudi Arabia Read More »
Even people who are not generally aware of oil prices have likely heard that oil prices are dropping. This is big news that is impacting not just the United States, but the world at large. When you understand why oil prices are dropping, you understand why this is important news for everyone, including the everyday …
Why Oil Prices Are Crashing: What You Need to Know Read More »
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