Tuesday, September 22, 2020

Reuters

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Another day, another 20% plunge in WTI oil

LONDON, April 28 (Reuters) - Another big fall in oil prices dragged hordes of petro currencies under on Tuesday but even an HSBC warning of mounting...

When oil became waste: a week of turmoil for crude, and more pain to come

April 26 (Reuters) - The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S....

Losses on Bank of China crude oil investment product could hit $1.3 bln

SHANGHAI, April 26 (Reuters) - Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than...

Oil ETPs: the perils of trading crude like a stock

NEW YORK, April 24 (Reuters) - A historic plunge in oil prices in the wake of the COVID-19 pandemic has highlighted the risks of oil-focused exchange-traded...

Canada’s Inter Pipeline enters into new C$1 bln loan agreement

April 24 (Reuters) - Canada's Inter Pipeline Ltd said on Friday it entered into a C$1 billion ($708.77 million) unsecured revolving credit facility as global crude...

Global equities edge higher as oil continues rebound

NEW YORK, April 24 (Reuters) - Global equity benchmarks edged higher on Friday as investors weighed a slight gain in oil against concerns that further stimulus...

Global oil supply to fall 6% by 2030 due to delayed projects

LONDON, April 24 (Reuters) - Global oil supplies may be 6% less than expected by 2030 because of delays to investments by energy companies in response...

Asia stocks set to rise after Wall Street gains on oil rebound

WASHINGTON, April 22 (Reuters) - Asian equity markets were poised to edge higher on Thursday after rebounding crude prices and the promise of more U.S. government...

TechnipFMC cuts executive pay and dividend as pandemic fallout bites

PARIS, April 22 (Reuters) - Oil services company TechnipFMC said on Wednesday it would slash the salaries of executives and retainers paid to company directors by...

Canada will backstop bank loans for crisis-hit oil companies

April 22 (Reuters) - Canada's export credit agency on Wednesday said it would backstop loans to hard hit oil and gas producers, in the latest move...

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