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Tag: rout
Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout
2020-04-22 15:15:38| OGI
The Anglo-Dutch company slashed its 2020 spending plans by a fifth as measures to halt the spread of the virus led to an unprecedented drop in oil demand and sent oil prices to their lowest in two decades.
Tags: price
projects
oil
decisions
Ultra-Rich Families Poised for Spending Splurge After Stock Rout
2020-03-18 15:41:00| National Real Estate Investor
More than a third of family offices boosted their cash reserves last year as they bet on a global recession in 2020.
Tags: stock
families
spending
poised
Stock Market Rout Doubles Pain For Oil Firms That Took Shares For Deals
2020-03-17 10:10:00| OGI
EnCap Investments pulled off a rarity in the U.S. shale business earlier this month with the sale of Felix Energy to rival WPX. However, EnCap's big payday proved short-lived.
Coronavirus: Asian stocks extend global markets rout
2020-03-13 03:02:25| BBC News | Business | UK Edition
Friday's slump follows the biggest one-day declines in the US and UK since Black Monday in 1987.
Tags: global
markets
asian
extend
Oil Prices Jump After Rout On Stimulus Hopes
2020-03-10 13:30:00| OGI
Russia also signaled that talks with OPEC remained possible with its oil minister, Alexander Novak, saying he has not ruled out joint measures with OPEC to stabilize the market.
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