The cumulative OPEC+ cut in August and September would be some 8.4million bpd.

Traders believe if supply comes back from these areas, prices cannot reach the $50 mark. 

OPEC is hoping Shale Oil loses steam and goes on the wane.

JP Morgan Chase had predicted that oil prices would shoot up as high as $190 a barrel in 2025.

Now we have Oil markets leeching on a relatively insignificant demand for travel.

It is evident that the world can no longer rely on Oil for the sake of the world's health.

OPEC has been regarded as a cartel and has acted as a cartel of late.

Nigeria is striving towards complying fully with its OPEC+ cut obligations by mid-July.

If cases soar in China and the United States, then the global economy is in for a cataclysmic shock.

Oil prices continued dropping as investors and traders weighed on oversupply prospects, dollar strengthening, and refining margins