Oil drops for a 10th day, longest losing streak in at least three decades

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Oil prices fall for a 10th consecutive session, sinking U.S. crude futures deeper into bear market territory and wiping out the benchmark's gains for the year.Crude futures are poised for their fifth straight week of losses on growing output from key producers and a deteriorating outlook for oil demand deepen.Signs that OPEC and several other oil producers including Russia could soon cut output have not put a floor under the market.

Tom DiChristopher | @tdichristopher

Published 13 Hours Ago Updated 6 Mins Ago

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First there should be enough work to stay in office for long time:)

BHGE shud be the industry leader for change always following other companies do. Cut employment costs cut pensions. Pensions are toast with AI and universal credit on the lookahead. Time to clock in and clock out too many people coming in late goin home early. Too much waste. Use more temps and flexible employment. Be smart. Get rid company cars and free petrol.

Staff bill has to drop to survive this mess. Time to put employees on zero hour contracts. That’s the best way to motivate people.

Thread regarding Baker Hughes layoffs

Oil drops for a 10th day, longest losing streak in at least three decades

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