Tag Archives: oil prices

Breaking News: Oil Prices Crash to Negative Values, Explained



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Oil prices seem to have bottomed out as countries run out of places to store it. With demand bottoming out and a continuing increase in supply, here is exactly what’s happening in the markets.


2020 Oil Crisis OPEC Crude Oil Deal Collapse Explained



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Russia and Saudi Arabia are in a competition to see who can put the other’s oil industry out of business. The pain of this competition has expanded to every country that exports oil including the United States whose crude oil industry has taken a huge hit. Here’s what’s happening and what major oil entities are doing about it.


Russia and Saudi Arabia’s OPEC Oil Price War Explained



After a failed OPEC meeting designed to limit supplies in response to shrinking demand, oil prices have hit new lows. So, what the heck happened?