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Investing In Oil Futures

Investing In Oil Futures

by Partner Relations / 03/08/2020 / Published in Swan

On 8 March 2020, Saudi Arabia initiated a price war with Russia, facilitating a 65% quarterly fall in the price of oil. In the first few weeks of March, US oil prices fell by 34%, crude oil fell by 26%, and Brent oil fell by 24%. The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic.

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Swan Energy is a group of entrepreneurs and business minded people with a passion for oil and gas and a dedication to the highest standards of technical excellence, environmental safety, and financial success.

3200 Southwest Fwy.,
#1400, Phoenix Tower
Houston, TX 77027
(866) 539-0860
info@swanenergyinc.com

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Swan Energy is a group of entrepreneurs and business minded people with a passion for oil and gas and a dedication to the highest standards of technical excellence, environmental safety, and financial success.

3200 Southwest Fwy., #1400 Phoenix Tower
Houston, TX 77027
(866) 539-0860
info@swanenergyinc.com

© 2020 Swan Energy inc | All rights reserved

This is not an offer, nor a solicitation to buy; such may be done pursuant to a Swan Energy, Inc. Confidential Information Memorandum. Privacy Policy and Promises.

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