Tuesday, March 31, 2020

Oil Companies on Tumbling Prices: ‘Disastrous, Devastating’



The use of gasoline and other fuels is dropping as Saudi Arabia and Russia increase production, sending oil prices to their lowest level in a generation. HOUSTON — The once mighty oil industry is shrinking quickly around the world, hunkering down in survival mode.

from Pocket https://www.nytimes.com/2020/03/31/business/energy-environment/crude-oil-companies-coronavirus.html
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