oil market
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October 11, 2020, Sunday
Big Oil was already in decline; Covid-19 has been like an asteroid strike
The pandemic won't bring about the imminent demise of companies, but it will almost certainly hasten their metamorphosis.
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September 30, 2020, Wednesday
Oil drops second day as surging coronavirus cases prompt demand worries
CEOs of the world's biggest trading companies are forecasting a weak recovery for oil demand and little movement in prices
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September 29, 2020, Tuesday
Rosneft, Saudi Aramco unlikely to bid in BPCL privatisation: Report
A source said that Aramco has halted most of its investment plans into India due to the oil price crash and is unlikely to bid ...
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September 29, 2020, Tuesday
Oil market: Muddle of contradictions as traders size up prospects for 2020
As prices stick to a narrow range near $40 a barrel, some of the biggest commodity houses, including Vitol Group, Trafigura ...
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September 15, 2020, Tuesday
Covid-19: Opec sees weaker outlook as demand falters, shale recovers
Oil prices slipped further below $40 a barrel in London on Monday, close to their lowest in more than two months
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September 06, 2020, Sunday
Saudi Arabia reduces oil prices in sign demand recovery struggling
Aramco cut Arab Light to Asia to a discount against the benchmark oil price used by the Saudis for the first time since June
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September 02, 2020, Wednesday
One of the world's richest petrostates, Kuwait is running out of cash
Slow to adjust big-spending habits as oil revenues fall, the Gulf states are hurtling toward a moment of economic reckoning, ...
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September 01, 2020, Tuesday
Govt eliminates cooking gas subsidy as Covid-19 turns oil market favourable
The government has completely eliminated the need to provide subsidy on domestic cooking gas as the global fall in oil prices has ...
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August 28, 2020, Friday
Oil steady as US producers, refiners avoid worst of Hurricane Laura
Brent crude futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel, heading for a 1.7% weekly gain
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August 18, 2020, Tuesday
Oil rises on China's plan to boost US crude imports, OPEC+ compliance
Firmer stock markets and a weaker dollar were also lending support, said Commerzbank analyst Eugen Weinberg
