China is the world's largest importer of oil, and COVID-19 has led to a sharp drop in its demand for crude. That means bad news for Saudi Arabia, which needs high oil prices.
Read more on NPR
Sunday, 1 March 2020
loobobilly News: Oil Prices Plummet As Coronavirus Outbreak, Quarantines Soften China's Demand
Labels:
Business
,
loobobillyNPR
China is the world's largest importer of oil, and COVID-19 has led to a sharp drop in its demand for crude. That means bad news for Saudi Arabia, which needs high oil prices.
Read more on NPR
Do You Like This Article
Get Subscribe to Free Email Updates!!
Popular Posts
-
History has witnessed some of the most outstanding achievements by men and women in due course of time. However, the achievement is e...
-
Iowa College Becomes Battleground For Student Worker Unionization Students with campus jobs at Grinnell College want to unionize, but the co...
-
Yay, It's Time For My Performance Review! (Said No One Ever) At many companies, annual reviews are being transformed as the nature of wo...
-
As soon as he heard about a new coronavirus spreading rapidly in China, Niklas Skogster said he knew that orders for his company's elect...
-
The Iranian Revolution, 40 Years Later How have the events of 1979 affected today’s politics? How have the events of 1979 affected today’s p...
-
The Dark Side Of The Recovery Revealed In Big Data The way the government tracks recessions is largely the same as it was 70 years ago. A re...
-
Florida Designates Pro Wrestling 'Essential Business' Florida's statewide 'stay at home' order no longer applies to to p...
