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Tag: economic
Moodys Slashes Economic, Oil Forecasts Again
2020-04-29 11:10:00| OGI
Moodys followed S&P in slashing its oil forecasts. It now expects benchmark Brent prices to average $35/bbl and U.S. WTI crude to average $30/bbl this year before ticking up.
Tags: economic
oil
forecasts
slashes
Coronavirus: Congress passes $484bn economic relief bill
2020-04-24 03:16:06| BBC News | Business | UK Edition
The bill puts more money towards a small business aid fund, overwhelmed hospitals and testing expansion.
Tags: bill
economic
relief
congress
COVID-19: Early estimates of economic impact hard to pin down
2020-04-23 17:08:00| Beef
While losses in the cattle sector arent yet definitive, here are some early estimates on how a coronavirus-dominated market is shaping up.
Tags: hard
early
impact
economic
Negative $40 Oil Reflects Panic, US Crude Market Economic Reality
2020-04-21 11:10:00| OGI
Investors sold the May futures contract due to expire on April 21 in a series of waves. At one point the contract hit negative $40.
Tags: market
economic
negative
oil
Oklahoma Judge to Recommend Regulators Rule Oil Production Economic Waste
2020-04-20 11:10:00| OGI
If approved by regulators, the motion could allow oil and gas companies to shut-in wells without losing leases that sometimes require drilling.
Tags: production
economic
recommend
oil
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