OIL Crude oil prices rise on improving economic data but virus case jump caps gainsET Markets, June 29, 2020 NEW YORK: Oil prices edged higher on Monday, after bullish data from Asia and Europe, but sharp spikes in new coronavirus infections around the world tempered gains. Oil prices inch higher as the industry weighs pandemic-related demand uncertaintyMyra P. Saefong and … read more
Dear Mr. Brena: I just lost my job on the Slope, and don’t know when or if I’ll get back on. I used to feel lucky that I survived the support industry layoffs that happened from 2015-2018, when more than 6,000 Alaskans lost their jobs. I don’t feel so lucky anymore. Because of what’s happening with oil prices around the … read more
OIL From the Washington Examiner, Daily on Energy: PRICE RECOVERY FALLS SHORT: The oil price recovery of recent weeks is not sufficient for a significant chunk of producers. Nearly a third of executives (27%) from 165 oil companies polled by the Dallas Fed said oil prices would have to rise to between $41 and $45 per barrel for the majority … read more
