Historic oil price collapse sees first major energy company cut its dividend

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The move makes Western Europe's biggest crude producer the first oil major to cut its dividend this earnings season.

Nick Coleman, senior editor of oil news at S&P Global Platts, told CNBC via telephone that Equinor's announcement "certainly brings into focus the kind of pressures that the industry is under."

Trading volume was thin given it was the day before the contract's expiration date, but the move lower was unprecedented nonetheless. On Thursday, the June contract for WTI traded at $14.81, up more than 7%, while international benchmarkThe US may run out of oil storage space in 'a matter of weeks': Goldman SachsNorway's Equinor said on Thursday that the company had recently launched several actions to "increase financial resilience" in response to unprecedented market conditions and uncertainties.

 

コメントありがとうございます。コメントは審査後に公開されます。

Completely agree, I expect that we are gonna see how Oil becomes 'rubbish' due to low demand and electric vehicles, in the middle and long term. There will be no Rebound which we are gonna see, that's just a 'breather'

A war between capitalist and socialist (they got a chance to make trouble as always)

Trump's bosses will be crying.

Am going to buy my car naw

This is just the beginning of a lot historic new norms! I am bracing myself!

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stocks open lower as oil market continues to crumbleU.S. stocks opened lower and oil prices continued to collapse as traders anticipate demand for energy to shrivel because of the coronavirus shutdowns. WSJ Trump DESTROYS THE UNITED POSTAL SERVICE USPS APWUnational/BarackObama obamacare; Includes Billionaire Evangelical Preachers in the Relief Act, while Pro-Life Republicans BLOCKED RAISING THE STARVATION MINIMUM WAGE 10 years in a row. DMRegister
ソース: latimes - 🏆 11. / 82 続きを読む »