Negative oil prices, ships dawdling at sea with unwanted cargoes, and traders getting creative about where to stash oil. The next chapter in the oil crisis is now inevitable: great swathes of the petroleum industry are about to start shutting down.

The economic impact of the coronavirus has ripped through the oil industry in dramatic phases. First it destroyed demand as lockdowns shut factories and kept drivers at home.

Then storage started filling up and traders resorted to ocean-going tankers to store crude in the hope of better prices ahead.

Now shipping prices are surging to stratospheric levels as the industry runs out of tankers -- a sign of just how distorted the market has become.

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John Wick: Chapter 4: Keanu Reeves starrer action film’s release delayed until 2022 due to COVID 19 crisis

Keanu Reeves’s John Wick: Chapter 4 has joined the long list of films that have been delayed due to the ongoing Coronavirus crisis. With governments and healthcare experts across the world stressing on the importance of social distancing amid the ongoing health crisis, the production of various movies has been discontinued in order to promote self-isolation. As a result, the ongoing pandemic has resulted in delayed releases of numerous upcoming movies. Reeves’s upcoming film will release in 2022.

Hollywood COVID 19

Russian oil output jumped to 11.35 million bpd in April, ahead of cuts

MOSCOW : Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfax reported on Saturday, before it makes cuts this month under a global supply pact.

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Standalone liquor stores to open across Karnataka Monday onwards from 9 am-7 pm

Karnataka will resume sale of liquor in all places of the states except in containment zones, the state government said on Saturday.

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James Jordan opens up about family's 'horrendous' ordeal: 'People were dying next to him'

Strictly Come Dancing and Dancing on Ice star James Jordan, 42, has spoken out about his dad’s terrifying period of ill health.The star, who welcomed his first baby, Ella, with his wife Ola Jordan, 37, earlier this year went through a worrying time when his father, Allan, suffered a second stroke and battled COVID-19.Fortunately, James’ dad is now recovering from the virus and his stroke at home.Speaking alongside Ola in the couple’s latest Hello! Magazine column, James said: "He still has a long way to go but it's a massive relief for the whole family.”The professional dancer went on to admit Allan was on a ward where “people were dying next to him” in hospital.James continued: “He was in hospital for nearly a month so it was tough. “They

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Emma Stone shares tips to deal with anxiety amid COVID 19 crisis; Says she writes down things that trouble her

Coronavirus has taken the world by storm and people are struggling under the fear of the pandemic. Globally, the deadly virus has infected about 3.35 million people. While 1.05 million have recovered, nearly 239,000 have lost their lives due to COVID-19. Since scientists are still working on a solution, people across the world have been practicing social distancing to avoid contracting the virus. While Self isolation is keeping people away from the life-threatening disease, many are struggling to deal with stress, anxiety and other mental health issues amid the ongoing health crisis.

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Covid-19: RBI Governor, bankers discuss credit flows to different sectors

Shaktikanta Das, along with RBI deputy governors and top bankers reviewed the current economic situation and post-lockdown credit flows, including provision of working capital, with special focus on credit flows to MSMEs

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Desist from trying to usurp power in time of crisis: Mamata to Bengal governor

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Saturday Night Live New This Weekend?

Saturday Night Live returned with a new episode on Saturday, April 25. The episode was SNL's second remotely produced installment to air after the series went on hiatus due to the coronavirus pandemic and resulting production shutdowns. SNL took a page from the playbook of other late-night TV shows and improvised with its "SNL at Home" styling, which featured remotely produced sketches while the cast and crew practiced social distancing.

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Canada needs a free support program to fight COVID-19 mental health crisis, doctors say

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RBI Governor and bank chiefs discuss post-lockdown credit flow, loan moratorium

New Delhi: Reserve Bank of India Governor Shaktikanta Das on Saturday held a meeting with the heads of banks and reviewed the economic situation and implementation of various measures announced by it to reduce stress in the financial system amid the COVID-19 crisis.

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Nitin Gadkari calls upon industry to upgrade, widen import sources to attract investment

Nitin Gadkari said recommendations for 'another big package' have been shared with the Prime Minister and the Finance Minister, and said he was 'hopeful of a declaration soon

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How the US saved Boeing without paying a dime

Less than two months ago Boeing Co. went to Washington, hat in hand, asking for a $60 billion bailout for itself and its suppliers. The company, which had spent heavily on stock buybacks and was still reeling from the 737 Max disaster, was an unlikely candidate for government support.

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Barcelona 'willing to listen to offers for Luis Suarez' amid coronavirus crisis

Barcelona are reportedly prepared to let go of Luis Suarez this summer as the Spanish club aims to raise funds amid the lack of match-day income and television money caused by the coronavirus outbreak.

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The radical SPFL schedule change that could transform the game as FIFA chief floats radical 'solution'

FIFA's vice-president has proposed a radical change to the football calendar that could see matches played by calendar year.

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Gemma Collins breaks down in tears over missing her beloved mum during lockdown

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Bruce Willis - Rumer Willis - VIDEO: Bruce Willis & Demi Moore’s quarantine dance routine sends their daughter Rumer into a fit of laughter - pinkvilla.com

VIDEO: Bruce Willis & Demi Moore’s quarantine dance routine sends their daughter Rumer into a fit of laughter

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₹500 instalment to women Jan Dhan account holders

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JK Rowling to donate £1m to charities battling pandemic as she pays tribute to brave frontline workers

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Ola, Uber to get back on road but not everyone can call a cab yet

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Tommy Wright leaves St Johnstone as Perth side announce shock exit

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Tom and Nanny Pat steal the nation’s heart again on The Late Late Show

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Prince Harry taunted over 'dad James Hewitt' claim as he 'struggles' in LA

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Patrick Dempsey and Eric Dane's Social Distancing Photo Will Delight 'Grey’s Anatomy' Fans

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'John Wick: Chapter 4' and More Movies Delayed Due to Coronavirus: Here Are the New Release Dates

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

The next chapter of the oil crisis: The industry shuts down

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