Oil had it worst week since the financial crisis as panic over the coronavirus pandemic battered global markets.

Two oil market commentators share some of their hindsight and foresight from the past week.

The US will sell up to 12MM barrels of oil from its emergency government stockpile just as global crude demand takes a hit from the coronavirus.

An oil trader's collapse is fueling concern over the financial stability of a sector that accounts for about a quarter of China's crude processing capacity.

Here's a recap of the top downstream-related articles that ran on Rigzone during the past week.

Eni SpA predicted its oil and gas output will top out within six years as it announced a more ambitious climate plan.

Above is a Sept. 2019 photo of the subsea support vessel Maersk Installer during a subsea infrastructure removal, recycling and waste management project for the Thames field. PHOTO SOURCE: Maersk Decom

Above is a 3D model illustration of Chevron's Anchor semi-FPU. IMAGE SOURCE: Wood plc

Its 2020 spending plan assumes $53 per barrel and $2.15 per MMBtu.

The partnership increases Lonestar's inventory of gross drilling locations by roughly 50 percent in the Hawkeye area.

The Agogo field's estimated oil in place has hit 1 billion barrels.

The budget assumes $55 WTI and $2.50 Henry Hub prices.

Aramco Trading Company has announced the establishment of a London subsidiary called Aramco Trading Limited.

Here are Rigzone's top stories during the last week, just in case you missed them...

The upcoming OPEC+ meetings on March 5 and 6 are now on the critical path, according to Jefferies.

Oil was on course for its biggest weekly loss since 2011 as the fast-spreading coronavirus roiled global markets.

The fast-evolving impacts of the virus mean the challenge is akin to catching a falling knife.

Dominion disclosed it has an agreement to buy several "modestly-sized assets," from the big utility Southern Company, including Pivotal LNG.

Once a vanguard of the US shale revolution, Chesapeake has fallen headlong toward collapse as it and rival drillers flooded the US with excess gas.

The posted a roughly $3B writedown on its Alpine High project, a find from 2016 that fizzled when it turned out to hold more gas than oil.