Futures Movers: Oil taps lows under $20 a barrel as coronavirus crushes demand amid price war
Futures Movers: Oil taps lows under $20 a barrel as coronavirus crushes demand amid price war
Futures Movers: Oil taps lows under $20 a barrel as coronavirus crushes demand amid price war
Couche-Tard and Circle K Enact COVID-19 Emergency Measures to Support Customers and Employee
Houston Chronicle A new problem attributed to the coronavirus pandemic is slowly brewing out in the oil patch. Pipeline operators with full storage tanks are asking some Texas oil companies to stop production as the ongoing price war between Russia and Saudi Arabia has exacerbated a global supply while the pandemic has dramatically cut global demand. In a Saturday morning tweet,
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Reuters WASHINGTON – President Donald Trump said on Monday he planned to speak with Russian President Vladimir Putin and said Saudi Arabia and Russia “both went crazy” in their oil-price war, a battle begun just as the spread of the coronavirus around the world squashed oil demand. Source: Reuters “I never thought I’d be saying that maybe we have to
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Houston Chronicle Dallas pipeline operator Energy Transfer will proceed with the proposed Lake Charles LNG export terminal alone after European oil major Shell has decided to exit the multibillion project. Shell announced Monday that company will continue to support Energy Transfer with the bidding process for a general contractor but will then exit the project in a phased handover. The