The official start of output cuts agreed between Organization of Petroleum Exporting Countries (OPEC) and other major producers like Russia
01 May 2020 8:38 AM
U.S. Energy Information Administration data showed U.S. crude oil inventories grew by 9 million barrels last week to 527.6 million barrels
30 Apr 2020 8:42 AM
The Oil Fund had sold its contracts due to expire in June to move into longer-dated holdings amid fears about storage space
29 Apr 2020 8:40 AM
The main concern is that there is nowhere to store all the oil that is not being consumed due to the drop in global economic activity
28 Apr 2020 8:40 AM