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Benchmark crude oil rose 39 cents to settle at $20.48 a barrel Tuesday. Brent crude oil, the international standard, fell 2 cents to close at $22.74 a barrel.
The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top ex ...
Break out your jerry cans and fill up at your local servo, oil prices have sunk to an 18-year low ... Read More The post Offshore oil and gas now feeling the pain of low prices appeared first on ...
(Reuters) - Oil prices could continue to tumble and even fall to single digits as demand slumps due to the coronavirus crisis, industry experts said in interviews published by Goldman Sachs, ...
Across the whole year, the firm will reduce spending by 20 per cent and also halve investment in its shale oil business. Read more: Oil prices slump again as US ramps up production In a statement, new ...