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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.
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.
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 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.
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
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