Mexico’s Oil Output Hits Record Low in July

• Wednesday, 2nd September 2020
• by Editorial Team

Mexico’s oil output hit a record low in July at 1.605 million barrels per day (mmbbl/d), with both national oil company Pemex and private oil producer’s production down from June’s figures, according to Reuters. Where...

WTI Crude Prices Fall by 300%, Plunges Below $0 

• Tuesday, 21st April 2020
• by Editorial Team

US oil trading collapsed on April 20 as the price of May’s future contract for West Texas Intermediate (WTI) – that is due to expire on April 21 – fell by over 300%, recording an unprecedented $-37.6...