Banks Will Feel Pain Once Crude Oil Price Fall Below $50 bbl

While all eyes have been on the huge fall in the outright price of crude oil, the oil options markets are also sending plenty of signals about market expectations for the longer-term impact of COVID-19......»»

Whiting Petroleum Corp said on Wednesday it filed for Chapter 11 bankruptcy, the first major casualty of a free fall in crude prices to $20 per barrel last month......»»

Steven Senne/AP The national average for a gallon of regular gasoline dropped to $1.99, a four-year low, according to an AAA report released Tuesday. Prices have been dragged down by the coronavirus pandemic and ongoing oil pric.....»»

As the oil companies cut back, the firms that do the actual work in the fields are the first to feel the pain......»»

Saudi investors, who dipped into savings and took out loans to participate in Aramco's record share offering, have been shocked by the free-fall in the shares of the kingdom's crown jewel after an oil output pact between OPEC and its allies collapsed......»»

U.S. stock futures and crude oil prices were down sharply Monday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

U.S. stock futures and crude oil prices were down sharply Monday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

Global stocks plunged on Monday and prices for crude oil tumbled as much as 33% after Saudi Arabia launched a price war with Russia, sending investors already worried by the coronavirus fleeing for the safety of bonds and the yen......»»

Saudi Aramco shares fell 10% on Monday after Saudi Arabia slashed its official selling prices for crude and set out plans for a dramatic increase in oil production next month, prompting a sharp drop in prices......»»

U.S stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

U.S stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

U.S stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders......»»

The Lundberg Survey said Sunday that the pump price responded to a drop in crude oil costs.....»»

The U.S. crude oil inventory dropped last week as did stockpiles of gasoline and diesel fuel. But the decline is having only a moderate effect on the crude oil market......»»

U.S. motorists most likely to feel the hit from rising gas prices after the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom......»»

U.S. motorists most likely to feel the hit from rising gas prices after the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom......»»

U.S. motorists most likely to feel the hit from rising gas prices following the attacks on Saudi Arabia's oil facilities are on the West Coast, which accounts for nearly half of all of U.S. crude imports from the kingdom......»»

Palo Alto Networks Inc. shares fall Thursday as several analysts cut their price targets as the cybersecurity company’s transition to annual cloud-based subscriptions distort billings and curb cash flow......»»

Banks in Canada are starting to feel the pain of deteriorating credit quality, just weeks after we reported that insolvency filings had skyrocketed in almost all .....»»

Very few Americans have paid a price from escalating U.S. tariffs, but if trade fights get worse, the first big bill will come due shortly after the school year starts......»»