Crude prices rallied 25% Thursday after Saudi Arabia called for an "urgent meeting" of the OPEC+ alliance and other producers to negotiate an output cut deal.   Read Article  +

China’s private oil refiners are making increasingly large bets on capturing a bottom in crude prices, raising concern among fellow traders about the risk of the market moving against them.   Read Article  +

Demand for European transportation fuels fell to modern historical lows at the end of the first quarter as people were told to stay at home to combat the spread of COVID-19.   Read Article  +

Oil is entering a period of unparalleled demand destruction this month that promises to transform the industry for years to come.   Read Article  +

As the coronavirus pandemic roils the global liquefied natural gas market, suppliers are finding that the center of demand has come full circle back to where it was first hit: China.   Read Article  +

As the coronavirus pandemic roils the global liquefied natural gas market, suppliers are finding that the center of demand has come full circle back to where it was first hit: China.   Read Article  +

Oil is entering a period of unparalleled demand destruction this month that promises to transform the industry for years to come.   Read Article  +

Demand for European transportation fuels fell to modern historical lows at the end of the first quarter as people were told to stay at home to combat the spread of COVID-19.   Read Article  +

China’s private oil refiners are making increasingly large bets on capturing a bottom in crude prices, raising concern among fellow traders about the risk of the market moving against them.   Read Article  +

North Atlantic Refining Ltd’s Come-by-Chance refinery in Canada will be the first to close in North America due to the coronavirus pandemic as refineries worldwide cut back operations.   Read Article  +