Oil price Below Zero for First Time in History
The coronavirus pandemic has caused oil demand to drop so rapidly that the world is running out of room to store barrels.
Oil Shipments From Georgia’s Batumi Port Drop 38 pct in Jan-Feb
Oil and related shipments from Georgia’s Black Sea port of Batumi dropped 38 percent in the first two months of 2019 from a year earlier, an official at a KazMunaiGas-operated terminal at the port said on Friday.