Most Recent Articles about LN
BP tells workers that their jobs are safe for 3 months Mar 30, 2020 -

BP Plc has promised its employees their jobs are safe over the next three months, while the oil major considers ways to cut costs with crude prices plunging.

The oil glut is filling up the world’s supertankers fast Mar 27, 2020 -

The world’s oil tankers are being filled with crude at a record pace as the options to store a glut on land rapidly diminish, one of the industry’s largest owners said.

Market shows fear U.S. is running out of storage space Mar 25, 2020 -

The U.S. oil market is displaying worries that stockpiles are going to run out of storage space, with futures being whipsawed as a growing glut counters economic stimulus measures.