Oil prices slump 4% over new COVID 19 lockdowns In Europe & US elections
Tag: Coronavirus Vs Oil
OILFIELD LAYOFFS ARE SKYROCKETING IN TEXAS & NORTH DAKOTA
Many companies are proceeding with temporary layoffs due both to crashing oil prices and the spread of the novel coronavirus that causes COVID-19. (Bloomberg) —…
Oilfield Coronavirus Panic Hits Williston North Dakota.
The picture is from Williston North Dakota. Gov. Doug Burgum declared a state of emergency for North Dakota on Friday, March 13, in response to…
Coronavirus is getting Closer to the Oil Patch in Williston ND
The North Dakota Department of Health confirmed the case Wednesday in a Ward County just east of Williston N.D a man in his 60s. Prior…
Oil Wars Approaching The Over Leveraged American Oil Co’s
State oil giant Saudi Aramco has set its Arab light crude oil to Asia for April at a discount of $3.10 to the Oman/Dubai average,…
Layoffs in the oilfields expected after crude oil prices dive
If oil prices do not change for the better we can expect the following to come to fruition. MIDLAND, Tx. (KOSA) – Oil prices took…
Williston North Dakota is preparing for potential coronavirus patients
The Oilfield is especially vulnerable to the Virus as workers travel by airport and are in constant interaction with other Co-workers, that use Airports to…
Exxon Mobil plans to reduce the number of oil rigs operating in Texas
Exxon Mobil said Thursday it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned…
No OPEC Deal? – Unprecedented Situation in Oil
OPEC ministers had said on Thursday that the coronavirus outbreak created an “unprecedented situation” that demanded action, as measures to stop the virus spreading dampens…
Oil markets will see impact from coronavirus shortly: Oil analyst
CNBC’s “Power Lunch” team discusses investing in energy stocks amid the coronavirus outbreak with Paul Sankey of Mizuho. The coronavirus continues to take a toll…