$0 Oil Forces Canada To Shut Down Crude…

Canadian oil companies have begun shutting down steam-driven oil sands production projects as prices continue to fall, Reuters reports, noting the move could have dire long-term consequences for the production facilities. Steam-driven oil sands production, also…

The Surprising Winners And Losers Of The Global…

Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid lockdowns and travel restrictions in many countries. OPEC and its…

Stock futures down about 1% after last week’s…

A look at equity futures shows broad declines after last week marked a second weekly gain, and coming alongside President Trump's daily coronavirus briefing (ongoing). S&P 500 and Nasdaq futures are down by more than 0.9%, while the…

Germany ordering 45 jets from Boeing – report

Germany will order 45 fighter jets from Boeing (NYSE:BA) to replace aging craft, Der Spiegel reports today. The country will order 30 F/A-18 Super Hornets and 15 EA-18G Growlers to replace aging Tornado jets, according to the report. The…