Investors demanded too high a price to lend to US carrier reeling from coronavirus shutdown

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions

In the April Short-Term Energy Outlook (STEO), EIA forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021. Fewer barrels are available for export as U.S. crude oil production continues to decline. In addition, net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs decline in response to lower demand for refined products.

In the April Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through 2021. More net imports of crude oil and less net exports of petroleum products drove this change. EIA expects net crude oil imports to increase because as U.S. crude oil production declines, fewer barrels will be available for export. Net exports of petroleum products will be lowest in the third quarter of 2020, when U.S. refinery runs will decline significantly because of lower demand for refined products. In September 2019, the United States exported more crude oil and petroleum products than it imported for the first month since records began in 1973. EIA previously expected the United States to continue as a net exporter in most months through 2021. However, as a result of recent significant changes in global oil market dynamics, EIA now expects U.S. imports and exports will be even in 2020. It is important to note that the April outlook is subject to heightened levels of uncertainty because the impacts of the 2019 novel coronavirus disease on energy markets are evolving.

ITV's Loose Women put on a united front in an all red ensemble as they walked the NTA's red carpet in hopes of winning the Best Daytime Show award over rivals This Morning.

The presenter, 52, also joined her Good Morning Britain co-stars on the red carpet although Piers Morgan was missing as he snubbed and boycotted the awards ceremony.

Chris Hughes, 27, put on a united front with his girlfriend Jesy Nelson, 28, when the pair stepped out together on Saturday.

Erling Haaland scored twice - including a screamer for the winner - for the Bundesliga giants as they overcame PSG in the first-leg of the last-16 Champions League clash.

The forward was appointed Brazil's captain following their quarter-final exit at the 2018 World Cup but he was stripped of the armband by Brazil boss Tite for last year's Copa America.

Taking to Instagram, the American actress shared a photo of the pair enjoying lunch while reacting their famous cheek to cheek pose from the film's promotional poster.

A little over a year after their tumultuous breakup, Noah Cyrus appears to have reconciled with her rapper ex Lil Xan.

Sandra Oh looked delighted as she was reunited with her Killing Eve co-star Jodie Comer ahead of the award show at the British Academy of Film and Television Arts LA Tea Party on Saturday.

The 34-year-old, who is the mastermind behind award-winning Fleabag and writer of Killing Eve, has inked a huge contract with the streamer meaning she'll create and produce new content.

The Borussia Dortmund star has been heavily linked with a move to United after enjoying yet another stellar season in Germany, where he has registered an impressive 17 goals and 19 assists.

The Norwegian joined the Bundesliga giants in the January transfer window and his prolific form in front of goal has bolstered his reputation as one of Europe's leading marksmen.

Manchester United are weighing up a move for Paris Saint-Germain right-back Thomas Meunier, who could soon be available on a free transfer.

Borussia Dortmund winger Jadon Sancho is one of the most highly-coveted players in Europe, and has attracted interest from Manchester United, Chelsea and Liverpool this season.

Manchester United's pursuit of Jadon Sancho looks to have taken a major step after reports claim that the Borussia Dortmund winger is open to a move to Old Trafford.  

Mata invited fans to take part in the video on his social media channel but he was inundated with questions about whether United should sign the England international.

Paul Merson is not convinced that Manchester United will be spending over £100million for Borussia Dortmund star Jadon Sancho.

When all of Europe's elite clubs were circling around Erling Haaland in January, his relationship with Ole Gunnar Solskjaer was the secret weapon that United could use to sign the hottest prospect in football.

The Borussia Dortmund starlet has been heavily linked with a £120million move to Old Trafford at the end of the season, with speculation having also ramped up during the current football lay-off.

The 20-year-old forward, valued at £100million or more, is expected to leave Borussia Dortmund once the transfer window opens this summer following the coronavirus shutdown.

Borussia Dortmund are known as a club who buy and develop young talent and it appears that Ferran Torres could be the latest name on this conveyor belt.

The highly-rated Borussia Dortmund frontman has been heavily touted to join either of the two European giants at the end of the season, with £65million rumoured to be the fee required to seal the deal.

United are one of a host of top European clubs, including Borussia Dortmund and Chelsea, who are desperate to sign the 16-year-old this summer and are negotiating £35m deal.

Borussia Dortmund will reportedly reward Jadon Sancho with a huge pay rise of £4m per season should he decide to stay at the club and turn down a move to the Premier League. 

Manchester United are keen to strengthen their squad with the signing of Jadon Sancho from Borussia Dortmund. It is reported they believe they have beaten their rivals to the 20-year-old.

The Borussia Dortmund star is United's top transfer target and the club are said to be convinced they have got their man after holding secret talks, according to recent reports.

Manchester United are prepared to listen to bids for Paul Pogba and Jesse Lingard this summer in order to raise funds for transfer target Jadon Sancho, according to The Sun.  

Borussia Dortmund would reportedly allow Jadon Sancho to join Manchester United, provided the Premier League club break their transfer record in order to sign him.

If the club can hold on to the Frenchman and lure Sancho from Borussia Dortmund, Ferdinand said the ability of the front-line would be 'ridiculous'.

The Borussia Dortmund star, 20, has been linked with a move back to the Premier League, with Manchester United reportedly in pole position to land the England forward this summer.

Paul Ince has warned Manchester United target Jadon Sancho to consider whether Ole Gunnar Solskjaer is the right manager for him as there is 'no evidence' he can take him to the 'next level'.

Borussia Dortmund placed a £100million price tag on the England international earlier this season with several European clubs desperate to sign him.

MSN linked up again Boxing Day, but only for a photo - as Neymar stoked the rumours surrounding his return to the Nou Camp by posing with Lionel Messi and Luis Suarez. 

The pair were reunited in Los Angeles where Bachelorette Sam star is based.

Jim Furyk has accepted that opposite number Thomas Bjorn 'got the better of him' during the United States' Ryder Cup defeat to Europe.

MARTIN SAMUEL - CHIEF SPORTS WRITER: Jose Mourinho was revisiting his decision around Paul Pogba and the captaincy. He said it took him weeks to figure out he wasn't a captain.

United States Ryder Cup captain Steve Stricker has no intention of following opposite number Padraig Harrington and changing his number of wild cards.

Heartfelt tributes have been paid to Cardiff City legend Peter Whittingham after he tragically passed away at the age of 35.

Logic turned the VMAs stage into a protest against Trump's immigration policy on Monday, including dozens of families wearing 'We Are All Human Beings' shirts in his performance.

They were catapulted to fame almost 20 years ago when, as young children, they were cast as Hermione Granger and villain Draco Malfoy in the Harry Potter films.

Paul got the Conservative Political Action Conference's loudest applause -- by far -- and figures to be a major force in the 2016 presidential season.

MasterChef winner Sashi Cheliah has been reunited with his beloved pet dog after she went missing this Sunday.

Super League clubs have been warned they must make a seismic U-turn and reunite with the Rugby Football League if they are to survive the coronavirus crisis.

The 12 Super League clubs broke away from the RFL midway through 2018 in a bid to increase revenues with the current television deal with Sky up for renewal next year.

Kai Havertz is one of Europe's most exciting young players and is sought-after by clubs across Europe including Premier League giants Liverpool and Manchester United.

Klopp is on the verge of winning the Premier League title with Liverpool, but it won't be the charismatic German's first domestic league title, having stormed the Bundesliga with Dortmund.

He described his exit from Love Island as bittersweet, but Eoghan Murphy was clearly thrilled to be back home on Wednesday. Arriving in Brisbane, Eoghan was greeted by his excited mother.