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  Oil Demand Has Collapsed, And It Won't Come Back Any Time Soon

  The pandemic massively reduced the world's consumption of oil. Now two influential reports suggest that this state of affairs will continue well into 2021 — if not longer.
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  Oil Industry, Accustomed To Booms And Busts, Is Rocked By Pandemic

  When the price of oil crashes, oil companies often merge and big oil gets even bigger. So this crisis could be an opportunity for companies, but it comes with a tremendous amount of uncertainty.
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  Why The World Is Still Pumping So Much Oil Even As Demand Drops Away

  The ongoing pandemic means the world is using far less oil. But pumps are still going, creating a huge oversupply. Companies are often willing to operate pumps at a loss — for a little while.

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  Free-Falling: Oil Prices Keep Diving As Demand Disappears

  At one point on Monday morning, West Texas Intermediate hit $10.34 a barrel — the lowest price in 34 years. At the start of 2020, that same barrel cost around $60.

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  Oil Prices Keep Slipping As Demand Drops By Record Amounts

  The International Energy Agency says the industry is about to test the limit of how much oil it can transport and store, given the phenomenal drop in demand caused by the coronavirus pandemic.

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  We're Barreling Toward An Epic Glut Of Oil

  The supply of oil has surged as the coronavirus pandemic has destroyed demand. Prices have plummeted and analysts are starting to ask if the world will have enough space to store all the extra oil.

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  As Climate Warnings Grow Dire, Energy Companies Face A 'New Frontier Of Threats'

  Natural disasters, protests and stark scientific reports are heightening concern over climate change. And companies are under pressure from banks and investors to green their corporate images.

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  FACT CHECK: President Trump's Plans For Syrian Oil

  The president is renewing his push for U.S. control of Syrian oil. Experts say the limited oil there belongs to Syria, but it may provide a pretext for a continued U.S. presence in the country.

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  Microsoft pledges climate action even as it helps Big Oil drill faster

  Microsoft announced new efforts to reduce its impact on the climate on Monday, including making some of its Xbox gaming consoles carbon-neutral. But Microsoft’s announcement that it was partnering with Chevron and Schlumberger, the world’s largest oilfield services company, left activists and employees questioning how serious the tech giant is about tackling climate change.

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  Get a check for $91.94 recently? It's legit

  If you were among the 1.7 million people who got a mysterious, unbidden $91.94 check in the mail recently, you may wonder if it is legitimate. It is!...

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