RESULTS Tags: "oil"

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Stocks

‘I Would Transition From the Oil Industry,’ Biden Says in Final Debate

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10/23/2020 11:47AM     


Former Vice President Joe Biden sparred with President Trump on fracking during the final presidential debate, saying he would push for the oil industry to be replaced by renewable energy over time and eliminate federal subsidies for the industry.Here's Why
10/13/2020 5:30AM
10/13/2020
Stocks are booming while companies shed millions of workers from payrolls.
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Commodities

The Oil Market Has an Aviation Problem

The downturn buffeting the global aviation industry has slashed demand for jet fuel, posing yet another obstacle to the oil market’s recovery.Cars and trucks quickly returned to the road when officials lifted restrictions on movement this spring, sparking a revival in gasoline and diesel consumption.
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Commodities

Pandemic Pain Persists for Big Oil Companies

Major oil companies signaled they remain under extreme financial pressure and oil prices slid Thursday as demand for fossil fuels rebounds slowly after being crushed by the coronavirus pandemic.Despite a modest economic recovery, oil-and-gas companies are being hammered by a sustained drop in consumption of gasoline and jet fuel as millions of people work from home and avoid driving and flying.
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