There is No Place to Hide in Energy (Dallas Business Journal)

The energy industry is experiencing unprecedented volatility today, as oil prices had the largest single-day drop since the U.S. invaded Iraq in 1991 and company stock prices plunged, despite a 15-minute trading halt. Blame coronavirus fears that are dampening demand and Russia refusing to cut production along with OPEC to help prop up oil prices, with Saudi Arabia reportedly launching an oil price war. […]

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