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Wednesday, March 25, 2020

Oil prices slip as demand shrinks, but stimulus supports

Oil prices slipped on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity.


from Reuters: Business News https://ift.tt/3dsplgV

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Billions at stake in court battle over North Sea oil

Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week. from BBC News https://ift.tt/gTB8QlX