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Physical Oil Market Tightens at Oil Output Cuts and Economic Recovery Take Place

Physical Oil Market Tightens at Oil Output Cuts and Economic Recovery Take Place

by Thanvir | May 21, 2020 | Benchmark Oil Price, Oil Price Reporting Agency

The physical crude oil markets signal a rapid shift from a huge oversupply at the peak of the coronavirus locks in April to an expected under-supply in the second half of the year. Brent’s six-week calendar spread shrank to less than 70 cents a barrel from more than $...
Crude Oil Benchmark Price Hits 21 Year Low

Crude Oil Benchmark Price Hits 21 Year Low

by Thanvir | Apr 22, 2020 | Benchmark Oil Price, Oil Price Reporting Agency

Brent futures for June delivery fell 15% to trade near $ 16 a barrel, while New York’s West Texas Intermediate fell 5% after losing nearly half its value on Tuesday. Prices continue to plummet as fears that the massive flooding that brought WTI to minus $ 40.32 a...
Saudi Price War Wipes Billions Off Oil Majors

Saudi Price War Wipes Billions Off Oil Majors

by Thanvir | Mar 10, 2020 | Benchmark Oil Price, Oil Price Reporting Agency

Royal Dutch Shell and BP lose more than £32bn from their combined market value The oil price war in Saudi Arabia wiped billions of pounds off the market value of the largest companies in the industry after the oil markets experienced one of the largest price drops in...
Former Duopoly Executives Start New Oil Price Reporting Agency

Former Duopoly Executives Start New Oil Price Reporting Agency

by Thanvir | Feb 29, 2020 | Benchmark Oil Price, Oil Price Reporting Agency

Former Duopoly Executives Set Up New Oil Price Reporting Agency Two former executives from global oil and commodity price agencies Argus Media and the monopoly that you all love, have founded a new oil price reporting company that is aimed at traders and the entire...

How to Reduce Oil Market Data Costs by 20%

https://www.youtube.com/watch?v=CN_8b3NoH8k

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