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Oil prices surge after Trump says he expects Saudi Arabia and Russia to end their price war and reach a deal

Oil prices jumped after Trump called on Saudi Arabia and Russia to address concerns over their price war.

Oil’s 66% plunge marks its worst quarter ever amid the double whammy of coronavirus and a global price war

Oil prices could fall even further in April as Saudi Arabia and Russia boost production to record levels.

Saudi Aramco needs cash with oil prices at a 17-year low — and now it may reportedly sell a piece of its pipeline unit

Aramco is looking to raise capital ahead of $75 billion in dividend payments through 2020 and a planned $70 billion acquisition, Bloomberg reported.
Traders gesture at each other while working in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange March 7, 2011.

‘There is potential this could go even lower.’ Oil prices plunge to 17-year lows as demand drop threatens to overwhelm storage facilities....

Crude oil prices tanked Monday as continued fears over the coronavirus pandemic slammed energy demand.
Alex Reynolds.

I’m a female traveler who spent 3 weeks backpacking around Saudi Arabia — and discovered it’s not for the casual vacationer. Here...

"Restaurants are usually only for 'singles' — men. I often had to look hard to find places where I could sit and eat."
FILE PHOTO: Crew members look over idle oil rigs in the Gulf of Mexico near Port Fourchon, Louisiana

The oil market’s threats combine 9/11 with the financial crisis — and could turn prices negative, analyst says

Unless the US can build new storage at a never-before-seen rate, its capacity could fill up and prompt rapid selling, Mizuho Securities said.
"MBS," Ben Hubbard's book on Prince Mohammad.

The Obama administration considered asking Joe Biden to mentor MBS but nixed the idea because the VP was thought to be ‘too old’

The former vice president, 77, continues to face questions about his age as he runs for president this year.
General view of the Arctic oil rig 'Prirazlomnaya' in the Barents Sea owned by energy giant Gazprom on September 14, 2014 near Naryan Mar, Russia.

The price war in oil escalates as both Russia and Saudi Arabia threaten to boost output

First strikes in the conflict pushed oil prices down the most since 1991 on Monday, but optimism out of Russia could be driving a mild recovery.
Crew members look over idle oil rigs in the Gulf of Mexico near Port Fourchon, Louisiana August 11, 2010.

Oil bounces back from worst day in 29 years amid prospect of US tax-cut stimulus

Prices gained after President Trump again floated the idea of a "very substantial" payroll tax cut to provide stimulus amid the coronavirus outbreak.

Russia and Saudi Arabia’s oil-price fight shows the world doesn’t have what it takes to fight coronavirus

Setting the price for oil was a test of producers' ability to coordinate with one another in the face of global disaster. And they failed.