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US oil slides back into negative territory as turmoil continues
21 Apr 2020

US oil slides back into negative territory as turmoil continues

(Sharecast News) - The price of oil for May delivery slid back into negative territory on Tuesday, as modest improvements overnight receded and June c...

Historic rout in WTI futures amid fire sale ahead of expiry
20 Apr 2020

Historic rout in WTI futures amid fire sale ahead of expiry

(Sharecast News) - US crude oil futures crashed at the start of the week with the price of West Texas Intermediate falling below zero for the first ti...

JP Morgan stays at 'neutral' on Petrofac despite cancellation of Dalma contract
20 Apr 2020

JP Morgan stays at 'neutral' on Petrofac despite cancellation of Dalma contract

(Sharecast News) - Analysts at JP Morgan stuck to their 'neutral' recommendation for shares of Petrofac, despite news that the Abu Dhabi National Oil ...

Europe midday: Stocks  move lower as WTI oil futures crater
20 Apr 2020

Europe midday: Stocks move lower as WTI oil futures crater

(Sharecast News) - Early gains for stocks across the Continent have evaporated amid a continued slide in US oil futures and as investors continue to m...

Shell steps up net-zero emissions actions
16 Apr 2020

Shell steps up net-zero emissions actions

(Sharecast News) - Royal Dutch Shell said it was stepping up its activities to become carbon neutral to respond to heightened concerns about oil compa...

US import prices drop as energy price crash like in 2008
14 Apr 2020

US import prices drop as energy price crash like in 2008

(Sharecast News) - The cost of imported goods in the States fell sharply last month as energy prices crashed.

OPEC+ clinches output deal, Russia and Saudi end price war
12 Apr 2020

OPEC+ clinches output deal, Russia and Saudi end price war

(Sharecast News) - The Organisation of Petroleum Exporting Countries and its key allies managed to pull a rabbit out of the hat at the last minute - d...

Saudi and Russian Federation agree on oil output cuts, Journal says
9 Apr 2020

Saudi and Russian Federation agree on oil output cuts, Journal says

(Sharecast News) - Moscow and Riyadh have reached an agreement in principle to cut their crude oil output.