Home › $20 Oil No Longer Mirage as World Confronts 12-Year Low
 

Keywords :   


$20 Oil No Longer Mirage as World Confronts 12-Year Low

2016-01-13 08:35:12| Oil & Gas - Topix.net

The world mostly ignored Ed Morse 11 months ago when the head of commodities research at Citigroup said oil could drop as low as $20. Crude futures in the U.S. sank into the $20s for the first time in more than 12 years on Tuesday, hours after BP Plc said it would slash an additional 4,000 jobs, Petroleo Brasileiro SA cut its spending plan and Petroliam Nasional Bhd.

Tags: world low longer oil

Category:Energy and Environment

Latest from this category

All news
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
01.11Gimme Seaweed Partners with rePurpose Global to Combat Plastic Pollution
01.11Video Catches the Moment a Missouri Battery Recycling Plant Explodes
01.11University of Akron Receives $2M Grant from US DOE for EV Battery Recycling
31.10This Week in Waste: Top Stories Oct 28 Oct 31
31.10Casella Waste Sees Double-Digit Revenue Growth, Provides Update on Acquisition Activity
31.10Pride Disposal & Recycling Company Orders Two McNeilus EV Collection Vehicles
31.10Cal/OSHA Translation App Assists in Communications with Remote Workers
Energy and Environment »
02.11Subtropical Storm Patty Graphics
02.11Tropical Storm Lane Graphics
02.11Tropical Storm Lane Wind Speed Probabilities Number 5
02.11Tropical Storm Lane Forecast Advisory Number 5
02.11Tropical Storm Lane Public Advisory Number 5
02.11Summary for Tropical Storm Lane (EP3/EP132024)
02.11Subtropical Storm Patty Forecast Discussion Number 3
02.11Subtropical Storm Patty Wind Speed Probabilities Number 3
More »