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Day: 27 April 2020

Business News USA
Read Time : 1 Minutes

American Oil Company Near Bankruptcy Due to Low Oil Price

27th April 2020
Michelle Matthews
0

The American oil company Diamond Offshore Drilling has filed for Chapter 11 bankruptcy because of the unprecedentedly low oil prices.   For the first time in history, parties had to make additional payments last week to supply US oil. The oil price plummeted because of the collapsed demand caused by […]

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Monday April 27, 2020