Oil market shock to spill over into global supply chains - IEA
Published Date: 4/2/2020
Source: news.yahoo.com
Crude oil prices ended a volatile quarter with their biggest losses in history, and declined about 55% in March, the most on record. About 5 million barrels of oil extracted worldwide every day are not attracting high enough premiums to offset the costs of extracting it out of the field, according to the Paris-based IEA agency.