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Yahoo BusinessMar 30, 2020
Oil Crashes to 18-Year Low With Broken Market Drowning in Crude
(Bloomberg) -- Oil tumbled to an 18-year low as coronavirus lockdowns cascaded through the world's largest economies, leaving the market overwhelmed by cratering demand and a ballooning surplus.Futures in London plunged by 9% to the lowest level since March 2002, while New York crude dipped below $20 a barrel before settling just above that level. While U.S. President Donald Trump spoke with Russian counterpart Vladimir Putin Monday to discuss the importance of stable energy markets, that did little to stanch the decline.A huge oversupply is further collapsing the oil market's structure, and there may be more weakness to come as the world quickly runs out of storage capacity. The slump in demand has shut refineries from South Africa to Canada, leading to excess barrels in the market.At the key storage hub of Cushing, Oklahoma, inventories are said to have ballooned by more than 4 million barrels last week, according to traders with knowledge of Genscape data, raising fears about storage capacity limits being reached."We're grinding lower here and we'll continue to get lower as runs get cut globally," said John Kilduff, a partner at Again Capital LLC, a New York hedge fund focused on energy. "As we see specific points like Cushing near its limits, it's just going to put greater and greater pressure on the price till we get to a clearing point."Prices are on track for the worst quarter on record. Goldman Sachs Group Inc. estimates consumption will drop by 26 million barrels a day this week as measures to cont

Google Market NewsMar 30, 2020
Cuomo says he doesn't want to fight with Trump over politics in coronavirus response: 'I think it's anti-American' - CNBC
Cuomo says he doesn't want to fight with Trump over politics in coronavirus response: 'I think it's anti-American'  CNBCCoronavirus live updates: USNS Comfort arrives in NYC; Anthony Fauci defends social distancing; NY state begs for help  USA TODAYNew York leaders look at harrowing week ahead  POLITICO1,200 Dead in N.Y. and Cuomo Says Worst Is Still to Come: Live Updates  The New York Times

Google Business NewsMar 30, 2020
Coronavirus World Map: Tracking The Spread Of The Outbreak - NPR
Coronavirus World Map: Tracking The Spread Of The Outbreak  NPRCoronavirus transmission: how COVID-19 spreads and how you can protect yourself  NetdoctorChina Created a Fail-Safe System to Track Contagions. It Failed.  The New York TimesCoronavirus test: Covid-19 immunity testing can help people get back to work  Vox.comCoronavirus - business: oil prices at 17-year lows as virus ravages world  FRANCE 24 English

Coronavirus update: 755,591 cases world-wide, 36,211 deaths; Italy, Spain and New York City struggle to cope (MarketWatch)

Google Business NewsMar 30, 2020
Can Japan's Economy Get Any Worse? It May Soon Find Out - The New York Times
Can Japan's Economy Get Any Worse? It May Soon Find Out  The New York TimesView Full Coverage on Google News

Google Business NewsMar 30, 2020
Coronavirus in California: Is 'Shelter at Home' Working? - The New York Times
Coronavirus in California: Is 'Shelter at Home' Working?  The New York TimesCalifornia governor discusses coronavirus cases in his state  ABC NewsCoronavirus: Federal government sends California broken ventilators  The IndependentCalifornia restaurants say 30,000 to close permanently without state aid  The Mercury NewsCalifornia coronavir

New York Gov. Cuomo issues nationwide call for doctors and nurses as state battles worst coronavirus outbreak in US - CNBC (Google Business News)
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