As of Sunday evening, crude oil is trading for over $125 to $128 a barrel.
The national average for gas prices is now at $3.22 per gallon.
A renewed wave of COVID-19 is expected to further pressure demand
U.S. stocks rose on Friday following an 1,860-point plunge in Dow on Thursday
However, Saudi Arabia and Russia have not agreed on a timeline for cuts
Hin Leong, one of the largest oil traders in the world, hid some $800 million in losses
U.S. stocks fell on Friday as the U.S. lost more than 700,000 jobs in March.
U.S. stocks rose on Thursday as oil prices surge, although more than 6.6 million people filed jobless claims last week
U.S. stocks dropped on Wednesday to start a second quarter after an unprecedented first quarter
U.S. stocks fell on Tuesday to close out a historically volatile first quarter.
Shell is cutting costs left and right as it deals with falling energy prices
U.S. stocks closed higher on Monday after a volatile rally in the prior week.
U.S. stocks soared on Wednesday after lawmakers’ agreed on a stimulus bill, but then fizzled after Sanders threatened to hold up package.
The Dow recorded its largest one-day gain since 1933.
OPEC-IEA said low oil prices will hurt the economies of oil producers that are not yet high-income states
U.S. stocks plunged on Monday despite massive stimulus package from Fed