GLOBAL OIL PRICE CRASH HITS WYOMING PRODUCERS; OUTLOOK UNCERTAIN

Wyoming oil producers are hoping for the best but realize global factors beyond their control could damage their industry, the spokesman for the Petroleum Association of Wyoming said Monday.

“With the lower demands due to concerns over COVID-19 [the novel coronavirus] and, of course, the announced flooding of oil supplies from Saudi Arabia over the weekend, it’s really created a perfect storm in global oil markets,” Ryan McConnaughey

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