PMN Business

PMN Business, REU

Oil falls 4% towards $28 on oversupply concerns

LONDON — Oil fell 4% towards $28 a barrel on Wednesday, pressured by reports of persistent oversupply and collapsing demand due to global coronavirus-related lockdowns and a lack of coordinated oil purchases for strategic storage. The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand […]

PMN Business, REU

REUTERS NEWS SCHEDULE AT 10 a.m. GMT/6 a.m. ET

U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemnation from infectious disease experts as the global death toll mounted. HEALTH-CORONAVIRUS-CHINA-TOLL/ China reports fewer coronavirus cases but infections from Russia a worry China reported a decline in new confirmed cases of the coronavirus […]

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