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Airline industry braces for prolonged recovery from coronavirus crisis

A full airline industry recovery from the coronavirus looks prolonged at best, analysts said, as new data showed international seat capacity had fallen to 23% of last year's levels and around half the world's airplane fleet is in storage......»»

Category: topSource: reutersApr 2nd, 2020

Natural Gas Closes Flat Ahead Of Thursday"s Fresh Storage Data; Losses Limited Due To Cooler Weather Pattern Mid-April

Natural Gas Closes Flat Ahead Of Thursday"s Fresh Storage Data; Losses Limited Due To Cooler Weather Pattern Mid-April.....»»

Category: topSource: seekingalphaApr 4th, 2019

MGM China Reports 2021 First Quarter Financial Data

Positioned for Market Recovery  Maintained Healthy Balance Sheet HONG KONG, April 29, 2021 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the sele.....»»

Category: earningsSource: benzingaApr 28th, 2021

Brent settles higher on hopes of easing lockdowns, U.S. crude falls amid storage shortage

U.S. crude prices settled about 3% lower on Tuesday after data showing domestic stockpiles didn't rise as high as had been expected given tightening storage, despite pledges to cut production from May 1......»»

Category: topSource: reutersApr 28th, 2020

Oil prices fall on brimming storage, bleak recovery prospects

Oil prices plunged for a second day in a row on Tuesday on concerns about dwindling global capacity to store more crude and fears that demand may be slow to recover even after countries ease restrictions to combat the coronavirus pandemic......»»

Category: topSource: reutersApr 28th, 2020

Oil prices tumble as world"s storage tanks fill up amid demand shock

Oil prices slumped on Tuesday, extending the previous session's slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased......»»

Category: topSource: reutersApr 28th, 2020

Oil prices slide again as world runs low on storage capacity amid plunge in demand

Oil fell on Tuesday, adding to huge declines in the previous session, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased......»»

Category: topSource: reutersApr 27th, 2020

Rebound in oil is just a "breather" and crude prices will likely turn negative again, analysts say

The overnight partial recovery in oil prices isn't a rebound, but simply a "breather," as weak demand and storage issues would continue to pressure prices, which are likely to turn negative again, analysts say......»»

Category: topSource: moneycentralApr 23rd, 2020

Historic plunge in oil prices sends U.S. stocks reeling, with Dow losing nearly 600 points

U.S. crude prices for May delivery turned negative – a first – amid scarce demand and limited storage capacity......»»

Category: topSource: washpostApr 22nd, 2020

US crude price collapses, settles at minus $37.63 a barrel

Oil prices tumbled Monday, with the U.S. crude futures contract plunging more than 50% to the lowest price on record, as investors worried about lack of storage and German and Japanese data indicated a bleak global economy......»»

Category: topSource: moneycentralApr 20th, 2020

US crude price collapses, settles at minus $37.63 a barrel

Oil prices tumbled Monday, with the U.S. crude futures contract plunging more than 50% to the lowest price on record, as investors worried about lack of storage and German and Japanese data indicated a bleak global economy......»»

Category: topSource: moneycentralApr 20th, 2020

US crude price collapses, turns negative for first time ever

Oil prices tumbled Monday, with the U.S. crude futures contract plunging more than 50% to the lowest price on record, as investors worried about lack of storage and German and Japanese data indicated a bleak global economy......»»

Category: topSource: moneycentralApr 20th, 2020

U.S. crude futures turn negative for first time on scant storage, weak demand

U.S. crude oil futures turned negative on Monday for the first time in history as storage space was filling up, discouraging buyers as weak economic data from Germany and Japan cast doubt on when fuel consumption will recover......»»

Category: topSource: reutersApr 20th, 2020

U.S. crude futures plunge to lowest on record on scant storage, weak demand

Oil prices tumbled on Monday, with the U.S. crude futures contract plunging more than 50% to the lowest price on record, as investors worried about lack of storage and German and Japanese data indicated a bleak global economy......»»

Category: topSource: reutersApr 20th, 2020

U.S. crude futures plunge to 1986 low on scant storage, weak demand

Oil prices tumbled on Monday, with the U.S. crude futures contract plunging more than 40% to its lowest level since 1986, as investors worried about lack of storage and German and Japanese data indicated a bleak global economy......»»

Category: topSource: reutersApr 20th, 2020

Oil falls on concerns over storage, weakening economies

Oil prices fell on Monday, with a U.S. crude futures contract hitting its lowest level since 1998, as concerns that U.S. crude storage will soon be full and bleak economic data hit sentiment......»»

Category: topSource: reutersApr 20th, 2020

Oil mixed as weak Chinese data, growing U.S. supplies offset Trump plan to ease lockdown

Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump's outlines for the U.S. economy to emerge from the coronavirus shutdown......»»

Category: topSource: reutersApr 17th, 2020

Oil inches up on U.S. crude inventories, coronavirus limits gains

Oil prices edged up on Wednesday after U.S. crude in storage grew less than expected and gasoline inventories dropped, but hundreds of new coronavirus cases reported in Asia, Europe and oil-producing countries in the Middle East limited gains......»»

Category: topSource: reutersFeb 26th, 2020

Futures Movers: Oil prices rise ahead of weekly U.S. storage data

Oil futures gain ground Thursday as investors await a government tally of U.S. crude inventories after industry figures showed an unexpected decline in stocks......»»

Category: topSource: marketwatchNov 14th, 2019

Oil prices decline on weak Chinese data, U.S. pipeline problems

Oil prices fell on Thursday after data showed weak factory activity in China, with U.S. crude facing extra pressure after flows out of the Cushing, Oklahoma storage hub were disrupted because of reduced flows on a pipeline......»»

Category: topSource: reutersOct 31st, 2019