And the pandemic could double the number of people going hungry around the world. And finding ways to stay in business how small shopkeepers in iraq is survival in the coronavirus restrictions. Now with the pandemic throwing world all markets into turmoil donald trump says his government will bail out the u. S. Industry the president told his energy and treasury secretaries to formulate a plan to make Funds Available to ensure the survival of american oil and Gas Companies well that follows an unprecedented collapse in u. S. Prices because of a plot in supply the u. S. Futures market dive deep into negative territory for the 1st time ever on monday the lowest the price of the benchmark u. S. W. T. R. Blend sank to minus 37. 00 a barrel the International Benchmark brant crude is trading at around 20. 00 a barrel but thats still its lowest price since september 11th attacks in 2001 we have gay. Real amazon though on wall street tracking the fallout of the us oil crash but 1st our White H
Recognized government as its attacked board 25. 00 after its forces after rejecting its call for a cease fire. And Jerusalems Al Aqsa mosque compound islams 3rd holiest sites is closed during ramadan because of lockdown restrictions. Well an agreement among the worlds Top Oil Producers to cut their output comes into effect today friday following a collapse in global prices spurred on by a slump in demand because of the pandemic but it seems the deal may have only happened because President Donald Trump reportedly pressured saudi arabia implying the u. S. May withdraw its military support for riyadh if it didnt some advantage of it has this report. Oil and water do not mix but politics and oil bond very well there is no official transcript of the conversation between the u. S. President and the Saudi Crown Prince which resulted in saudi arabia. Latest Oil Production cut reports suggest president all trump told muhammad been sold on that u. S. Forces stationed in the kingdom could be wit
No evidence to support his claims. South africa eases some coronavirus restrictions as a tries to revive the faltering economy. So an agreement among the worlds Top Oil Producers to cut output comes into effect today friday following the collapse in global prices it was spurred by a slump in demand because of the pandemic but it seems the deal may have only happened because President Donald Trump reportedly pressured saudi arabia implying the u. S. May withdraw its military support from riyadh if it didnt go from a summer binge of a. Oil and water do not mix but politics in oil bond very well there is no official transcript of the conversation between the u. S. President and the Saudi Crown Prince which resulted in saudi arabias latest Oil Production cut reports suggest president all trump told muhammad bin sole man that u. S. Forces stationed in the kingdom could be withdrawn if saudi arabia did not stop flooding the market with cheap crude within days riyadh announced production cuts
President trump rams up his criticism of chinas handling of the pandemic but offers no evidence to support his claims. Jerusalems alonso mosque compound the 3rd holiest site closed during ramadan because of strict restrictions. And in sports the English Premier League is stepping up plans for a return to action the league is meeting to discuss what needs to be done for games take a coffee in june. Its 10 g. M. T. Friday a day when an agreement among the worlds Top Oil Producers to cut output comes into effect it follows a collapse in global prices spurred by a slump in demand because of the pandemic but the deal to cut out. Came with a lot of infighting between major Oil Producers or they met in vienna in early march to work out how to keep prices stable but failed to reach an agreement recommended taking 1500000. 00 Barrels Per Day off the market if russia agreed to cut production too but russia refused and opecs top producer saudi arabia retaliated by announcing a production increase
Tries to revive its faltering economy. And Jerusalems Al Aqsa mosque compound islams holiest sites closed during ramadan because of coronavirus restrictions. So an agreement among the worlds Top Oil Producers to cut output comes into effect today friday following the collapse in global prices it was spurred by a slump in demand because of the deal to cart output came with a lot of infighting between the worlds big Oil Producers go back to early march when they met in vienna and work out how to keep prices stable but failed to reach an agreement opecs recommendation was to take 1500000 barrels a day off the market if russia agrees to cut production as well russia said no. And so top producer saudi arabia retaliated by announcing a production increase instead sparked a price war lasted nearly a month prices dropped below 20. 00 a barrel also in riyadh did resolve their differences eventually agreed to gradually cut production by 10000000. 00 Barrels Per Day but as american producers whic