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Trump Strikes Deal with Mexico to Help Cut Oil Production in OPEC+ Deal…

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The United States is ready to help Mexico reach its production cut quota as part of the tentative OPEC+ deal, Mexico’s President Andres Manuel Lopez Obrador said on Friday, while the global pact to reduce production was in a kind of Mexican standoff early on Friday as Mexico was still balking at the large cuts […]

Trump Threatens “Very Substantial” Tariffs on Oil Imports…

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Just in case you’ve been living under a rock for the past month and a half or you’re quarantining yourself from the news cycle as well as everything else, allow me to catch you up. We are currently in the midst of a historic oil price crash after crude prices fell more sharply on March […]

Oil Could Fall Back to $20 a Barrel…

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Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil. The decline in demand could cause inventories to fill up, enforcing substantial curtailments by refineries and shut ins at oil wells, according to a […]

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