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Oil gains 1% on strong U S , China economic data

Oil gains 1% on strong U S , China economic data
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Russia sees COVID-19 impact on oil demand to last until 2023-2024

Russia sees COVID-19 impact on oil demand to last until 2023-2024 4/8/2021 Russia expects the fallout from the COVID-19 pandemic on the global consumption of oil and oil products may last until 2023-2024, a draft government document, seen by Reuters, showed. It also cites the decarbonization of leading global economies as a potential threat to its oil industry, a key source for Moscow s budget revenue. World oil and liquid fuels production fell in 2020 to 94.25 million barrels per day (bpd) from 100.61 million bpd in 2019, amid the pandemic, which led to lockdowns, halting 80% of air traffic and a quarter of road traffic at its peak and denting fuel consumption.

Dawson Geophysical Adopts Shareholder Rights Plan

Dawson Geophysical Adopts Shareholder Rights Plan News provided by Share this article Share this article MIDLAND, Texas, April 8, 2021 /PRNewswire/ Dawson Geophysical Company (NASDAQ: DWSN) (the Company ) announced today that its Board of Directors has adopted a Rights Plan designed to protect Company shareholders from coercive or unfair takeover techniques and to help ensure that the Company s shareholders are not deprived of the opportunity to realize the full and fair value of their investment, particularly given current market conditions. The Rights Plan is not designed to prevent any action that the Board of Directors determines to be in the best interest of the Company and its shareholders.

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