About: http://data.cimple.eu/news-article/68ffc72e56e3e285085dab633395bdb5264de2262715b18e876ea5f8

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/68ffc72e56e3e285085dab633395bdb5264de2262715b18e876ea5f8 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	President Donald Trump said Tuesday he will meet US energy executives this week to discuss plummeting oil values amid coronavirus and a Saudi-Russian price war. "I'm going to meet with the oil companies on Friday," he told a news conference. Trump expressed alarm at the impact on the US energy industry from the twin blows of the economic shutdown caused by the coronavirus and the Russia-Saudi row. "We don't want to lose our great oil companies," he said. But he said he had spoken with leaders in both Moscow and Riyadh and "I think that they will work it out over the next few days." Oil prices fell to $21.42 a barrel on Wednesday, as markets pondered the devastation to demand. The American Petroleum Institute said it was organizing the Friday meeting with Trump, but denied the purpose was to ask for financial help. "Natural gas and oil will be critical to our nation's economic recovery," an official with the industry lobbying group said in a statement. "We are not seeking any government subsidies or industry-specific intervention to address the recent market downturn at this time." Trump is expected to meet ExxonMobil CEO Darren Woods, Chevron chief Michael Wirth, and Vicki Hollub, CEO of Occidental Petroleum, the source said on condition of anonymity. The heads of Devon Energy, Phillips 66 and Energy Transfer Partners also will be present, the source added. US shale oil producers, which had made the country self-sufficient, have been particularly hard hit by falling prices and the global economic slowdown. The American oil group Whiting Petroleum Corporation, which specializes in shale deposits in North Dakota and Colorado, filed for Chapter 11 bankruptcy on Wednesday, which under US law allows the company protection from its creditors while it restructures. burs-sms/ft
schema:headline	Trump to meet with oil executives over cratering energy market
schema:mentions	Chapter 11, Title 11, United States Code Energy market ExxonMobil Energy Transfer Partners Chevron Corporation Riyadh Natural gas Barrel North Dakota Moscow Colorado Chief executive officer United States Coronavirus President of the United States Donald Trump Vicki Hollub Phillips Petroleum Company Devon Energy Occidental Petroleum American Petroleum Institute Tight oil Price war
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	77 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software