At least one in 10 supertankers around the world is serving as a floating oil-storage facility, and many of those vessels are filled with Saudi crude
At least one in 10 supertankers around the world is serving as a floating oil storage facility, Saudi oil officials say.
With many of those vessels filled with Saudi crude, stranded at sea without buyers, the world’s top oil exporter is trying to manage the repercussions of its monthlong price war with Russia.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Hedge Funder Barry Rosenstein Sells One of His Hamptons Homes for $37 MillionHedge fund chief Barry Rosenstein is selling one of his Hamptons homes for $37 million, far less than its original $70 million price tag
Read more »
WSJ News Exclusive | Fannie, Freddie May Soon Buy Home Loans in Forbearance to Help Mortgage FirmsThe Federal Housing Finance Agency is considering taking steps to ease strains on mortgage companies facing a cash crunch as millions of Americans struggling with fallout from the coronavirus suspend their monthly payments, according to people familiar with the matter.
Read more »
NBC News/WSJ Poll: Nearly 60% of Americans support keeping stay-at-home restrictionsNearly 60% of American voters say they are more concerned that a relaxation of stay-at-home restrictions would lead to more coronavirus deaths than they are that those restrictions will hurt the economy, according to NBC News/Wall Street Journal poll.
Read more »