Post Tagged with: "coronavirus lockdowns"

Source: Reuters

Dow signals choppy recovery from pandemic blow, plans cost cuts

Reuters


Dow Inc chief executive officer said on Thursday it would probably take a couple of years for the chemical maker’s volumes and margins to rebound to pre-coronavirus levels, and laid out additional cost-cutting plans to cope with its fallout.…

July 23, 2020 - 12:30 pm Closing Bell Story‎, Commodity Pricing, Energy News
Source: CNBC

‘It is going to be brutal’: What to expect as oil and gas majors unveil their second-quarter results

CNBC


Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to the end of June widely expected to mark the “low point” of …

Source: Reuters

Coronavirus surge, renewed lockdowns fan fresh worries about global fuel demand

Reuters


LONDON/NEW YORK – Surges in coronavirus infections are slowing a recovery in fuel use from the doldrums of lockdowns in the United States and other countries, raising concern it could be years before consumption rebounds from the impact of …

Source: Reuters

Negative pricing seen spreading from oil to gas as European demand slumps

Reuters


LONDON – A month after U.S. crude oil prices collapsed into negative territory, European gas markets are facing the prospect of also slipping into the red after a slump in demand and surging inventories pushed prices into low single …