Oil price news

Nigeria’s state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international majors about how to cut output.

Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has said that oil prices will likely continue falling until significant upstream shut-in volumes commence.

As enthusiasm subsided and prices fell again today, Rystad's Energy Head of Oil Markets, Bjornar Tonhaugen, has commented on developments.

Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has supplied a daily market comment, as oil prices rose slightly today before returning to flatter levels with marginal deviations.

Rystad Energy’s Head of Oil Markets, Bjornar Tonhaugen, has commented on today's developments.

Rystad Energy has issued its daily market comment on oil prices.

Rystad Energy's Oil Markets Analyst Louise Dickson has said that WTI June 2020 deliveries could also be on their way into the red.

Rystad Energy's Head of Oil Markets, Bjornar Tonhaugen, has commented on the recovery of oil prices from negative levels yesterday.

The world's leading oil producers reached a deal over the weekend to cut global output by approximately 10%.

According to an impact analysis from Rystad Energy, E&P companies are likely to reduce project sanctioning by up to US$131 billion, or about 68% y/y.