By Laila Kearney NEW YORK (Reuters) – U.S. crude prices fell to an 18-year low and Brent lost more than 6% on Wednesday after the United States reported its biggest weekly inventory build on record, while global demand is expected to fall to quarter-century lows due to the coronavirus pandemic. The grim figures undercut the […]
TOKYO (Reuters) – Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States increased against expectations, giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere. Brent crude LCOc1 was up by 24 cents, or 0.6%, at $43.46 a barrel by 0041 […]
By Laurence Frost PARIS (Reuters) – Ryanair <RYA.I> is steeling for an airline price war that it expects to win once coronavirus restrictions are lifted and passengers flock back to tourist destinations, Chief Executive Michael O’Leary told Reuters on Wednesday. Brushing off forecasts of a sluggish recovery, O’Leary predicted a swift traffic rebound, with the […]
