EurOil - Europe Oil & Gas

29 April 2020

Investors sue Moscow exchange after WTI swings negative

28 April 2020

More than 150 investors are preparing to launch a class action lawsuit against the Moscow Exchange (MOEX) worth RUB1bn ($13mn), after West Texas Intermediate (WTI) futures closed at a negative prices, but did the Urals blend also go into the red?

MOSCOW BLOG: Russia caught out by oil plunge

24 April 2020

Did Russian President Vladimir Putin just screw up in a spectacular fashion? Russia pulled out of the OPEC+ production cut deal on March 6, setting off a downward spiralling of prices that ran out of control

Examining the WTI collapse

23 April 2020

The unprecedented crash in WTI prices into negative territory has been attributed primarily to the mechanics of futures contracts, but nonetheless illustrates an oversupply crisis as storage fills up.