Bloomberg Oil demand is getting hammered at a faster pace than anyone had predicted and landlocked crude production in the US, Russia and Canada is most vulnerable, according to Goldman Sachs Group Inc. Consumption will drop by 26 million barrels, or 25%, this week as social-distancing measures to contain the coronavirus now impact 92% of global GDP, analysts including Jeff …

Bloomberg Daniel Kretinsky, the owner of a $7.8 billion Czech energy conglomerate EPH, said he tested positive for coronavirus on March 12 and has been self-isolating himself since then. Kretinsky told newspapers E15 and Blesk, which both belong to his media unit, that he is running his businesses remotely and spends 12 hours a day on the phone. He said …

Bloomberg US equity futures fluctuated and stocks slipped on Monday as investors weighed a weekend full of negative coronavirus news against the stimulus measures that triggered a bounce in risk assets last week. The dollar rebounded, Treasuries edged higher and oil sank. Contracts on the S&P 500 Index swung between losses and gains after President Donald Trump abruptly abandoned his …