Saudi Arabia slips on cheap oil
The Kingdom of Saudi Arabia had big plans to diversify its economy so that it was no longer so reliant on oil revenue. The current crisis arrived befo…
The oil market is showing signs of life again
The oil market has had a terrible time recently as producers pumped as much oil as possible just as demand collapsed due to the coronavirus epidemic. …
Oil market begins to rebalance
Oil prices remain historically depressed, but they have perked up a little this week.
Negative oil prices are just one result of banning bankruptcy
Negative oil prices are a result of low interest rates and cheap credit propping up inefficient businesses. Bankruptcy is part of the fabric of capita…
Oil sector faces collapse
Should embattled US oil producers be bailed out? And what will happen to Shell and BP’s dividends this year? Matthew Partridge reports.