Oil Prices Plummet to
Minus $37 a Barrel.
U.S. crude prices reached their lowest
level on record, with West Texas Intermediate
crude dropping to minus $37.63 a barrel.
Oil’s May contract, known as its front month,
has been hit the hardest with deliveries set to
take place while the country is on lockdown.
As demand for gasoline
from refineries decreases,
storage tanks are also
beginning to near their limits.
We are seeing real pressure on storage as a consequence of the collapse in demand, ANZ strategist Daniel Hynes, via ‘Squawk Box’.
OPEC and its oil-producing partners finalized
a historic agreement earlier this month to cut
production by 9.7 million barrels per day on May 1
Shark attacks disrupted Fourth of July celebrations Thursday at South Padre Island as two people were taken to the hospital with bites, authorities said.
Three teens have been accused of hitching a ride in their friend’s car and and killing a 16-year-old before taking his gun.
A power boat crashed into a jetty in Southern California, killing one man and injuring 10 other people, officials said.
Sports organizations must take emotion out of the equation in contract negotiations, and the Golden Knights appear to have done that with Jonathan Marchessault.
The Golden Knights shook up their goaltending by trading Logan Thompson and signing Ilya Samsonov. This season is now important for the future of the Knights’ crease.
The current forecast calls for a high of 118 on Sunday, 117 on Monday and 118 on Tuesday, said meteorologist Chris Outler.
Boulder City held its 76th annual Damboree celebration for Independence Day, highlighted by a pancake breakfast and a water gun fight.
Patrick Bertoletti gobbled down 58 hot dogs to win the annual Nathan’s Famous Fourth of July hot dog eating contest, taking advantage of Joey Chestnut’s absence.
Hall of Fame sports writer and Henderson resident Jerry Izenberg has authored his 15th book at age 93: “Larry Doby in Black and White: The Story of a Baseball Pioneer.”
Some 2,500 were expected to take part in the parade put on by the Summerlin Council and as many as 50,000 were expected to take in the sights and sounds of the event, now in its 30th year.