President Donald Trump said his administration is working on a plan to make money available to the oil industry to prevent the loss of jobs after prices plunged below zero.
If Donald Trump wanted to shield U.S. shale from oil’s crash, he could unleash a familiar weapon against rival producers such as Saudi Arabia: tariffs.
Aberdeen has been highlighted as an entrepreneurial hotspot - with the number of new companies forming in the city over the past year on the up.
It's not just the oil industry feeling the impact of the crude crash. Holiday Inn owner InterContinental Hotels has said that growth in the first quarter has been hit by the low commodity price and the early Easter.
Long before the oil era, Fort McMurray first flourished as a fur trading hub tucked in a valley of northern Canada’s boreal forest. Even then, the area’s shiny black soil stood out.
Not even the pessimists on Wall Street thought things would go so wrong so fast in 2016.