Straits Times Index
2,855.82-1.66(-0.06%)S&P 500
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Crude Oil Jan 21 (CL=F)
| Pre. Settlement | N/A |
| Settlement date | 2020-12-21 |
| Open | 45.34 |
| Bid | 45.47 |
| Last price | 45.53 |
| Day's range | 45.12 - 45.42 |
| Volume | 2,301 |
| Ask | 45.57 |
- Reuters
OPEC+ yet to find compromise on oil policy for 2021, say sources
OPEC and allies led by Russia have yet to find a consensus on oil output policy for 2021, after an initial round of talks on Sunday and ahead of crucial meetings on Monday and Tuesday, four OPEC+ sources told Reuters. OPEC+, a grouping comprising members of the of Organization of the Petroleum Exporting Countries, plus Russia and others, had been due to ease production cuts from January 2021, but a second coronavirus wave has reduced demand for fuel around the world. OPEC+ is now considering rolling over existing cuts of 7.7 million barrels per day, or around 8% of global demand, into the first months of 2021, sources have said.
- Oilprice.com
The Single Biggest Threat To Venezuela's Future
The emergence of the decarbonization push and growing speculation of looming peak oil demand leave Venezuela’s hydrocarbon-dependent economy in a dire position
- Oilprice.com
Can Hydrogen Energy Save Coal Country?
As the world races towards a greener future, coal country could stand to benefit drastically by embracing the hydrogen boom
