Demand for oil to fall at record rate in 2020 - IEA
(Sharecast News) - Global demand for oil is set to fall at the fastest rate in history this year, a closely-watched industry report has predicted, before rebounding in 2021.
Read moreTue, 24th Mar 2020 11:10
(Sharecast News) - Global demand for oil is set to fall at the fastest rate in history this year, a closely-watched industry report has predicted, before rebounding in 2021.
Read more(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.
Read more(Sharecast News) - Royal Dutch Shell is considering raising more than $2bn from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, reported Reuters on Wednesday.
Read more(Sharecast News) - Velocys said it had secured a further £1m of funding for its Altalto waste-to-fuels project from British Airways and Royal Dutch Shell.
Read more(Sharecast News) - The Covid-19 crisis could mark the passing of "peak oil" demand as businesses spend less on travel and employees work from home, BP's new boss said.
Read more(Sharecast News) - A report surfaced on Monday pointing to clinical benefits from what some observers touted as potentially one of the most promising treatments for the Covid-19 coronavirus.
Read more(Sharecast News) - The focus in financial markets on Thursday will shift back towards the euro area where policymakers at the European Central Bank are due to announce their latest policy decisions.
Read more(Sharecast News) - Crude oil futures were trading higher on Wednesday on either side of the Atlantic following the release of data showing a slightly smaller than expected build in US stockpiles.
Read more(Sharecast News) - Share buybacks already had a dubious reputation before the Covid-19 crisis but that didn't stop companies purchasing more and more of their own shares in the market.
Read more(Sharecast News) - US crude oil inventories registered another sharp rise during the previous week, although there were some slight signs that market fundamentals were aligning themselves with the reduced amount of storage capacity left.
Read more(Sharecast News) - President Trump threatened on Wednesday to destroy any Iranian gunboats that harassed US ships at sea, triggering a so-called 'short squeeze' in US oil futures according to analysts.
Read more(Sharecast News) - Investors' focus on Wednesday will remain firmly on the oil patch where the US Department of Energy will release its weekly inventory statistics.
Read more(Sharecast News) - Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.
Read more(Sharecast News) - Stocks on the Continent had fallen further into the red in early afternoon trading as investors tried to fathom what might lie in store next for oil markets after the previous day's rout in prices.
Read more(Sharecast News) - Stocks on the Continent are trading lower, dragged down by the oil patch as markets price-in the reality of several months of exceedingly weak global oil demand.
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