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Moody’s cuts Saudi Arabia’s credit outlook to negative, cites oil-price shock driven by coronavirus

The shock "transmits mainly through the loss in government revenue and exports caused by the drop in oil demand and prices," said Moody's.
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County

The 18 US cities that could be hardest hit by the oil crash

These cities, where oil and gas accounts for a large percentage of GDP, could be hardest hit. And the top 5 aren't just in Texas.
U.S. President Trump attends daily coronavirus task force briefing in Washington

Trump wants to provide emergency aid for energy companies as a historic sell-off sends prices to record lows

Trump had previously promised the federal government would help revive an embattled oil and gas sector struggling with low prices.
A historic price shock is rattling the oil and gas industry, and will likely trigger large-scale layoffs, furloughs, and spending cuts.

Power Line: A historic oil price meltdown rattles the oil and gas industry, and this week’s top clean-energy news

This week, we explain how a historic oil price collapse is reshaping the oil and gas industry and lay out the week's top clean energy news.

Oil is on track for its worst week since the financial crisis amid coronavirus panic, global price war

The coronavirus pandemic has weighed on demand as people cancel travel. In addition, a global price war has erupted between Saudi Arabia and Russia.
Amazon CEO Jeff Bezos.

Climate activists accuse Jeff Bezos of hypocrisy over his $10 billion environment pledge because Amazon works with oil and gas firms

Greenpeace said Jeff Bezos was speaking out of both sides of his mouth on climate change.

Why one Wall Street firm thinks coronavirus is a ‘true black swan’ for oil and energy markets

Depending on how the coronavirus situation is resolved, "outright demand contraction is now on the table," Pies wrote.

Venezuela is considering the privatization of its state-owned oil industry, report says

President Nicolas Maduro has considered selling shares of the state-owned industry as the country faces economic crisis, Bloomberg reports.

Goldman Sachs: These are the top 4 energy stocks to pick up before 2020

Energy equities are set to bottom in 2020, and that could mean improved energy equity sentiment later in the year, according to Goldman Sachs.
Tim Cook and Mohammad bin Salman

Apple just got dethroned as the world’s largest public company after Aramco’s dizzying $1.9 trillion IPO

Aramco is worth more than the top US energy firms combined. If it were a country, it would have the world's ninth-largest GDP, ahead of Brazil and Canada.