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Coronavirus-stricken stock markets tanked following global oil price crash – As for Brazil, the Ibovespa index slid by more than 12 per cent. “The markets have passed from panic mode into pure.
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Brent crude, the international standard, dropped $10.91, or 24.1%, to $34.36. Wholesale gasoline fell 25 cents, or 18.1%, to $1.14 a gallon, heating oil fell 22 cents to $1.16 a gallon and natural gas.
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An oil rig worker who smashed up his Porsche whilst he drove home drunk in the wake of. “The police became aware and panic.
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Alberta Premier Jason Kenney says his government will do whatever it takes to rescue the province from an oil price collapse.
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Production shows no signs of slowing mostly because a lot of the gas produced in the United States is associated gas from oil.