Post Tagged with: "coronavirus second wave"

Source: Reuters

Exclusive: OPEC+ fears second virus wave could lead to oil surplus in 2021


MOSCOW – OPEC and its allies fear a prolonged second wave of the COVID-19 pandemic and a jump in Libyan output could push the oil market into surplus next year, according to a confidential document seen by Reuters, a …

Source: CNBC

Major oil executives ‘optimistic’ amid anxiety over coronavirus ‘second wave’


Sixteen of the world’s leading energy executives met virtually at an unprecedented meeting Tuesday night to talk about how big oil will navigate its biggest crisis in recent history while confronting the coronavirus pandemic.

“Each one of us …

June 17, 2020 - 11:00 am Closing Bell Story‎, Crude Oil News, Energy News