Oil bonds buoyant despite WTI crash but Covid-19 threat looms
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Oil bonds buoyant despite WTI crash but Covid-19 threat looms

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Cast-iron technical factors are managing to support recent bond issues for European oil majors at prices above reoffer, despite the price of the commodity plumbing historic depths this week. But analysts warned that this is just the beginning and a second wave of Covid-19 cases would be a “disaster” for the oil and gas industry.

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