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US Crude Oil Futures Plunge to 1986 Low on Scant Storage, Weak Demand

2020-04-20 18:00:00| OGI

U.S. crude futures hit a low of $10.01/bbl, the lowest since 1986. Analysts said the sell-off was exaggerated by the contract's imminent expiry.

Tags: low storage oil demand

 

Australian wine exports dip globally, plunge in China in Q1 2020 - figures

2020-04-16 14:58:00| Daily beverage news and comment - from just-drinks.com

The trade association for Australia's wine industry has broken with tradition and issued export figures on a quarterly basis, with the coronavirus pandemic "significantly" affecting the numbers for the first three months of 2020.

Tags: china figures wine australian

 
 

Online clothing sales plunge amid UK lockdown

2020-04-15 13:48:00| Daily apparel & textile news and comment - from just-style.com

The government imposed lockdown in the UK has sent online clothes spiralling, according to research from the IMRG Capgemini Online Retail Index.

Tags: online sales clothing amid

 

Oil Price Plunge, Coronavirus Spur Tax Relief for Wyoming Producers

2020-04-07 21:00:00| OGI

Wyoming governor recently signed a bill to help oil and gas producers reduce severance and conservation taxes.

Tags: price tax oil relief

 

Column: US Oil Output Set to Plunge as Storage Fills

2020-04-02 16:30:58| OGI

Adjustment to low prices will be much faster than in the past.

Tags: set storage oil output

 

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