Archive List for Oil prices

Tugs, dredgers continue work to refloat ship blocking Suez Canal

Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a massive container ship blocking the busy waterway, but two sources said efforts had been complicated by rock under the ship’s bow. Dredgers working to dislodge the stranded vessel have so far shifted 27,000 cubic metres (954,000 cubic feet) of sand, to a depth of 18 metres (59 feet), and efforts would continue around the clock, wind conditions and tides permitting, the Suez Canal Authority (SCA) said in a statement. Egypt’s President Abdel Fattah el-Sisi has ordered preparations for the possible removal of some of the ship’s cargo to help refloat it, SCA Chairman Osama Rabie […]

No timeline given for freeing huge ship blocking Suez Canal

New attempts are being made to move the huge container ship that has been blocking the Suez Canal in Egypt for the past five days. The stern of the vessel is now free – and the Egyptian authorities say they are hoping higher tides and the arrival of more tugboats on Sunday will help their operation. And as tankers queue, oil prices are rising – the blockage is another blow to global trade already disrupted by COVID-19. It remains unclear when the Ever Given will be refloated. The salvage firm hired to extract it says it could be free within days. But some maritime experts are sceptical. Al Jazeera’s Victoria […]

How did Venezuela end up with two presidents? | Start Here

Venezuela has two competing presidents — Juan Guaido and Nicolas Maduro. Neither seems able to fix the mess that the country is in. Will parliamentary elections only make things worse? And why can’t the opposition agree on their strategy? – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Venezuela_al_Jazeera #Start_Here

Buffett discusses oil prices at the Berkshire Hathaway Annual Meeting: It does not pay to drill

Yahoo Finance’s Aikiko Fujita and Jared Blikre discuss Berkshire Hathaway’s Warren Buffet’s comments latest comments on oil’s demise. #WarrenBuffett #WarrenBuffettoil #Buffett Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz

WTI crude oil futures collapse to negative price for first time in history

OPIS Global Head of Energy Analysis Tom Kloza joins Yahoo Finance’s Seana Smith to break down the latest energy news, as crude oil falls into negative territory. #oilprices #oilnegative #oildemand Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz

Crude oil crashes to 21-year low as demand shrinks

Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with RJO Futures Senior Market Strategist John Caruso about the oil market turmoil. #coronavirus #COVID-19 #oilprices Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz

🇮🇷 Iran oil: What’s next? | Al Jazeera English

Some of Iran’s biggest oil customers appear to be succumbing to US pressure to curb imports from Tehran. After withdrawing from the 2015 nuclear deal and imposing sanctions on Iran, Donald Trump started urging countries that import oil from Iran to find alternate suppliers. Iran says it won’t bow to US pressure – and is threatening to block the Strait of Hormuz. Al Jazeera’s Mereana Hond reports – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/