Cocoa Hyperinflation Accelerates As Grindings Show No Demand Destruction
Cocoa Hyperinflation Accelerates As Grindings Show No Demand Destruction Cocoa hyperinflation is insane. The latest data from the futures market shows that cocoa prices in New York surged above the $12,000 p.....»»
Air travel collapsed around the world because of the coronavirus outbreak. These 14 charts and maps show exactly how empty the skies are right now.
Ruobing Su/Business Insider Demand for air travel has plummeted globally as the coronavirus pandemic continues to spread. Airlines are still operating at a reduced capacity, but th.....»»
Brent oil drops 25%, near two-decade lows on scant demand, storage
Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per barrel on fears of a historic glut due to the destruction of fuel demand by the coronavirus pandemic......»»
Oil is stuck below $0 as the market"s unprecedented rout continues
"We're not dealing with demand destruction at this point, we're facing demand disappearance," said one analyst......»»
Abbott Laboratories" 1st-Quarter Results Show Why It"s Best of Breed
Company produces another solid quarter, posting top and bottom-line growth. It's COVID-19 tests will be in very high demand going forwardRelated Stocks: ABT,.....»»
The Tell: Stock-market rally may show investors are asking the ‘wrong question’ about coronavirus and reopening the economy
Investors shouldn’t be asking when the U.S. economy will reopen, but when will demand return to pre-virus levels, analyst says......»»
Oil slumps on worries that supply cuts are playing catch-up to falling demand
Oil prices dropped sharply on Tuesday, with U.S. prices sliding back toward $20 a barrel, as investors bet that fuel demand destruction caused by the coronavirus pandemic would be too much for producers embarking on record global output cuts to offset......»»
Massive OPEC+ Cuts Not Enough To Derail Tanker Earnings
Never before has oil production been slashed this much this quickly, but it still isn't enough to offset coronavirus demand destruction. read more.....»»
Oil mixed as demand worries offset gains from output cut deal
Oil prices were mixed on Monday, as the historic production-cut deal inked by major global oil producers was not enough to assuage existing worries about the demand destruction brought on by the coronavirus pandemic......»»
Lufthansa Decommissions Aircraft, Predicts Recovery Will Take Years
Speculation that the demand destruction from the coronavirus will be long-lasting and result in a smaller airline industry after the pandemic is starting to become a reality. read more.....»»
Unprecedented Demand Destruction Marks The Return Of Crude"s Super-Contango
Unprecedented Demand Destruction Marks The Return Of Crude's Super-Contango .....»»
Oil plunges posting fifth straight weekly loss despite stimulus efforts
Oil prices plunged 5% on Friday and posted a fifth straight weekly loss as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world......»»
Oil plunges more than 5% despite stimulus efforts
Oil prices plunged more than 5% on Friday and were on track for a fifth straight weekly loss as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world......»»
Oil plunges after Saudi Arabia, Russia talks stall
Crude oil prices crashed into a bear market this year after Russia refused to join Saudi Arabia and other OPEC members in cutting production to trim a supply glut due to demand destruction from the COVID-19 pandemic......»»
Gasoline demand numbers to fall worst than Nixon era
Same-store gasoline sales starting to show impact of COVID-19 as US f.....»»
Apple iPhone demand destruction "intensifying," says Cleveland Research
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Oil falls as demands fears outweigh stimulus efforts
Oil prices fell on Friday as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world and the United States faced the prospect of becoming the next global epicenter of the pandemic......»»
Oil mixed on stimulus hopes and demands fears
Oil prices were mixed on Friday as the market weighed the potential benefits of stimulus efforts by policymakers around the world against the demand destruction caused by fallout from the rapid spread of the coronavirus......»»
Retailers are dangling deals online, but shoppers may not show up
"You can discount in a demand-weak environment, but it doesn't matter," said Neil Saunders, managing director of GlobalData retail......»»
"Demand destruction" - analysts race to lower outlooks for oil
Traders and analysts are struggling to revise down their forecasts for oil demand fast enough, as government lockdowns to contain the coronavirus outbreak have rapidly cut fuel consumption......»»