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Oil Prices Soar as Traders Prepare for Wild Ride to Continue - WSJ

www.wsj.com
Submitted 75 day(s) ago by system

West Texas Intermediate futures rose 20%, extending a period of huge volatility that has ricocheted through the energy industry and broader financial markets.

Oil Prices Slump as Crude Storage Shortage Intensifies - WSJ

www.wsj.com
Submitted 78 day(s) ago by system

Oil prices extended their declines as storage space ran low for the glut of crude no longer needed by economies hard hit by the coronavirus.

Saudi Plans to Boost Oil Output Even Further Push Crude Price Lower - WSJ

www.wsj.com
Submitted 118 day(s) ago by system

Saudi Arabia fired another salvo in its oil-market war with Russia on Wednesday, unveiling plans to boost its oil-production capacity to a record 13 million barrels a day. The price of crude oil fell more than 3% after the announcement.

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