5 days ago - It's hard to predict the impact of sub-$30 oil on governments around the world. ... With shale producers highly leveraged, a sustained price drop could ... oil company Petroleo Brasileiro SA to sell assets and cut debt will ... RUSSIA, whose oil and gas condensate production reached a post-Soviet record last ...
7 days ago - The combination of an oil price drop and the spread of the coronavirus means the US will almost ... and those haven't started to take effect yet; too many Americans still ... industry, whether directly or indirectly, so the negative effects of an oil ... Registration on or use of this site constitutes acceptance of our ...
Mar 2, 2020 - A rise in oil prices on Monday suggested traders believe OPEC and Russia will agree on a ... Hopes that the gathering will lead to new and deeper production cuts helped lead to ... fully understand the full impact of the coronavirus and that an existing shortfall of about ... 2020 The New York Times Company.
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Feb 4, 2020 - But oil is a global commodity, and benchmark prices are set on world markets, ... slowing gasoline consumption, while international airlines are rapidly scaling ... Arabia, that kind of price drop can mean a 10 percent loss in profits. ... and otherwise the impact on global oil markets was short-lived and modest.