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Free-Falling: Oil Prices Keep Diving As Demand Disappears
By: Camila Domonoske | NPR
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At one point on Monday morning, West Texas Intermediate hit $10.34 a barrel — the lowest price in 34 years. At the start of 2020, that same barrel cost around $60.
Dow Dives 1,900 Points, NYSE Halts Trading As Stock Indexes Plummet
By: Avie Schneider | NPR
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New York Stock Exchange trading was halted temporarily after indexes plunged 7% in reaction to Saudi Arabia’s oil price cut amid increasing fears over the coronavirus epidemic’s economic impact.
Outside Experts See Iran’s Hand In Attack On Saudi Oil Facility
By: Geoff Brumfiel | NPR
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Independent analysts say the evidence available suggests Iran played a role in the weekend attack. The question is how big that role might be.
Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens
By: Bill Chappell | NPR
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Qatar made the announcement early Monday — the same day it informed OPEC it is withdrawing from the group. The country says it wants to focus on producing natural gas.
Ohio Deep Injection Well Seeks To Reopen After Quakes
By: Associated Press
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The operator of a northeast Ohio deep-injection well for drilling wastewater that’s been shuttered since it was tied to seismic activity last year is fighting to get the facility reopened…. Read More
Utica Shale Rigs Stop Drilling In Ohio
By: Associated Press
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More than one-third of the rigs in Ohio’s Utica Shale have stopped drilling since December, and more could be idled if oil and natural-gas prices stay low. Since late November,… Read More
Gas And Oil Drilling Still Rising In Ohio
By: Associated Press
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The state of Ohio says oil and gas production rose again in the fourth quarter of last year. Statistics released by the state Wednesday show production of oil and natural… Read More
Ohio Protests Carry On As Refinery Strike Continues
By: Associated Press
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Workers in northwest Ohio continue to protest as the first nationwide oil refinery strike since 1980 moves into its fourth week. About 200 people demonstrated Tuesday outside the Marathon Petroleum… Read More