Iraq

Oil & Gas

Oil advances after OPEC+ extends production cuts

Oil rose to trade near $43 a barrel in London after OPEC and its allies agreed to extend historic output curbs by an extra month, promising stricter compliance to ensure members don’t pump more than they pledged.

Coronavirus

Will Covid-19 kill the oil industry?

As Coronavirus lockdowns continue to spread around the world, the oil industry faces more disruption to demand and supply chains, with many margins and prices already collapsing.