Oil’s Stunning Demand Collapse Threatens Closures Everywhere
Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., at night in Tuapse, Russia. Photographer: Andrey Rudakov/Bloomberg

Oil’s Stunning Demand Collapse Threatens Closures Everywhere

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(Bloomberg) -- The survivors of oil’s last crash were the lowest-cost producers. But the crisis engulfing the industry now is so fast, the same rules don’t apply.
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