Oil prices could remain under pressure, according to satellite imagery analysis
Saudi Aramco crude oil storage at Ras Tunura, Saudi Arabia.
Planet Labs
The coronavirus crisis led to an unprecedented collapse in demand for oil and U.S. prices have rapidly fallen over the past week.
In order for the price to stabilize, U.S. producers have to further cut their production or be forced to curb it because they are out of places to store it. Energy analysts, looking at…
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