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Oil prices could tumble back below $20 as ‘land mines lurking right below the surface’ endanger a crucial OPEC deal, RBC strategist says
Even if the OPEC meeting brings a production cut, oil prices won't fully rebound until the coronavirus threat subsides and demand recovers, RBC said.
The country aims to boost output by 200,000 barrels per day and join Saudi Arabia and Russia in the market-share struggle, Bloomberg reported.
Vortexa uses satellites, ship-tracking technology, and AI to predict and map the movements of tankers in the $7 trillion a year energy trading market.
Here’s why JPMorgan and Barclays think miners could be a surprise winner in 2019 after a battering by the Trump-China trade war
Commodities have had a tough time in 2018 and 2019 may also be tricky but Barclays and JPMorgan think miners could be a surprise winner next year.