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Reuters Company NewsMar 31, 2020
UPDATE 1-Schlumberger cuts executive salaries, reduces workforce amid oil price crash
Oilfield services provider Schlumberger on Tuesday said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.

RELATED ARTICLES
Imperial Oil cuts 2020 spending by 30% amid plunge in oil prices (Reuters Company News)

MarketWatchMar 31, 2020
Futures Movers: Crude-oil prices rebound after tapping 18-year low
Oil prices edge higher on Tuesday, after falling to the lowest level since 2002 amid a demand slump due to the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war.

NYTimes BusinessMar 31, 2020
Oil Companies on Tumbling Prices: ‘Disastrous, Devastating'
The drop in use of gasoline and other fuels comes as Saudi Arabia and Russia increase production, sending oil prices to their lowest level in a generation.

Forbes HeadlinesMar 31, 2020
Trump Finalizes Fuel Economy Rollback As COVID-19 Roils Auto Industry
The rollback still faces two significant hurdles: whether Trump can win reelection and thereby block a Democratic successor from reinstating the Obama rules, and whether the president can fight off a barrage of lawsuits from environmental groups, California, and nearly two dozen other states.

Reuters Company NewsMar 31, 2020
CANADA STOCKS-TSX rises as oil surge boosts energy stocks
Canada's main stock index rose 2% on Tuesday, as a jump in oil prices boosted energy stocks after the United States and Russia agreed to talks aimed at stabilizing the industry.

RELATED ARTICLES
Oil edges higher after 18-year lows prompt U.S.- Russia talks plan (Reuters Business)
UPDATE 5-Oil edges higher after 18-year lows prompt U.S.-Russia talks plan (Reuters Company News)
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