loobobilly News: Why The World Is Still Pumping So Much Oil Even As Demand Drops Away

Why The World Is Still Pumping So Much Oil Even As Demand Drops Away The ongoing pandemic means the world is using far less oil. But pumps are still going, creating a huge oversupply. Companies are often willing to operate pumps at a loss — for a little while. The ongoing pandemic means the world is using far less oil. But pumps are still going, creating a huge oversupply. Companies are often willing to operate pumps at a loss — for a little while. Business
The ongoing pandemic means the world is using far less oil. But pumps are still going, creating a huge oversupply. Companies are often willing to operate pumps at a loss — for a little while.

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