NEW YORK/HOUSTON, March 30 (Reuters) – U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility – crude reserves – is worth less than half of what it was a month …
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Amid all the headlines about the plunge in oil prices, natural gas is struggling with its own set of problems. No major commodity had a worse 2019 than natural gas. The fuel endured a torrid year, registering its worst annual decline since 2014. Prices tumbled …
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The airline’s board says it wants to make sure all its shareholders benefit from a potential recovery. Lou Whiteman. (TMFeldoubleu). Mar 30, 2020 at 11:25AM. Author Bio. Lou has followed the markets for more than two decades, developing extensive contacts …
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China has been battling the deadly coronavirus Xi Jinping calls a “demon” for the past three months. The economy is not back to normal. From afar, it appears as if China’s bout with the latest version of the SARS coronavirus is wearing out. China is still getting …
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Renault’s factories in the Chinese city of Wuhan and the South Korean city of Busan are resuming operations. Other factories remain closed. Agence France-Presse · @afp. Published 10:45 PM, March 30, 2020. Updated 10:45 PM, March 30, 2020. RENAULT.
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