A key player in the offshore drilling industry, Valaris was the last in the row of the number of these companies filing for bankruptcy in the U.S. The company proposed swapping some of its 6.5 billion USD debt to transfer ownership to its creditors. However, this is the most recent problem of offshore drillers. Unsettled Read More…
The sun shines again on the American economy as the stocks continue to rise, and the US manufacturing gets closer to expansion. Concurrently, another round of stimulus checks to US citizens is a step in the right direction. Currently, the stock market takes a sigh of relief as the S&P 500 reaches its two-week record Read More…
Global nations continue to maintain a health emergency due to the coronavirus pandemic. However, the economic impact on some of the world’s biggest commodity markets will continue to linger for a long time. In fact, the economic shock due to pandemic would result in the decline of major commodity prices throughout 2020. Crude Oil and Read More…
