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May 9, 2020
Urals oil price reaching $24.68 per barrel
The Urals oil price in Northwestern Europe reached $24.68 a barrel [CIF Rotterdam] for the first time since mid-March,
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May 9, 2020
Trump and Putin discuss arms race, welcome OPEC +
US President Donald Trump called on Thursday for involving China in new arms control talks with Russia, telling his
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May 9, 2020
Texas Firms Warned About False Oil Regulator
The Railroad Commission of Texas and oil producers’ associations are warning oil firms in the state that people have
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May 9, 2020
Crude up 2nd Straight Week as US Oil Rig Count
Crude prices finished with a second straight week of double-digit gains on Friday after the U.S. oil rig count
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May 5, 2020
Oil Up on Increasing Demand after Loosened
Oil was up on Tuesday morning in Asia, building on its gains from the previous session. Brent oil futures rose 1.40% to
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May 5, 2020
Oil prices rise on demand prospects as lockdowns
Oil prices climbed in early trade on Tuesday, adding to gains in the previous session, on expectations that fuel
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May 3, 2020
Canada’s Oil Patch Struggles To Survive The Worst
Canada is likely going through its worst-ever recession, with more pain to come in May when the statistics authorities
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May 2, 2020
Judge Vacates Oil and Gas Leases on 145,000 Acres
A federal judge, rapping the Trump administration for its weak environmental assessments, has vacated hundreds of oil and gas
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May 2, 2020
Fed Changes Open Door for More Drillers to Get
The Federal Reserve revamped its Main Street Lending Program in ways that will allow battered oil companies to qualify
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Apr 21, 2020
U.S. oil futures plumb historic lows below zero,
U.S. oil futures continued to trade in negative territory on Tuesday, after closing down nearly $40 on Monday in
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Apr 20, 2020
Oil Down on Continued Oversupply Worries
Oil continued to slide from the previous session on Monday in Asia as producers continue to grapple with a supply glut.
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Apr 20, 2020
Oil Prices Slump as Crude Storage Shortage
The swelling glut of oil has outweighed efforts by producers to curb production The coronavirus pandemic has emptied out
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Apr 20, 2020
Halliburton Cutting Costs, Bracing for Huge Drop
Largest supplier of oil equipment to U.S. drillers is set to be hit particularly hard by a downturn in
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Apr 20, 2020
Stock market live updates: Futures fall 2%, oil
8:40 am: Energy stocks down big following oil’s collapse Shares of oil producers and services companies are dropping in premarket
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Apr 20, 2020
Oil falls on concern over storage and earnings
Oil prices fell on Monday, with a U.S. crude futures contract hitting its lowest level since 1999, depressed by
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Apr 19, 2020
Fall of Natural Gas Prices Speeds Energy Shift in
When natural gas became as cheap as coal in the U.S., it spawned an energy transformation. Now, East Asia’s
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Apr 19, 2020
Oil Crisis Challenges Putin’s Power
Russian President Vladimir Putin refuses to yield under pressure. That is a matter of pride for Putin himself and
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Apr 19, 2020
Would Trump Actually Pay Oil Producers Not To Pump?
The global oil industry has been scrambling for a solution to the dramatic oil price crash and enduring global
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Apr 19, 2020
The Oil Industry’s Recovery Lacks One Important
The growing global oil and gas glut, partly caused by the coronavirus global lockdown but also due to mismanagement
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Apr 18, 2020
Energy Hedge Fund That Shorted Oil Sees Chance for
Even as oil prices are battered down to 18-year lows, one energy fund thinks $100 a barrel is achievable.
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Apr 18, 2020
Mexico’s Offshore Oil Investment Set To Plunge
investment in Mexico’s offshore oil sector is set to plunge by 21 percent between 2020 and 2025 compared to
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Apr 18, 2020
Saudi Arabia’s Oil Stock Gambit
It’s the basic successful investment rule: buy when everyone is selling and sell when everyone is buying. The rule
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Apr 18, 2020
U.S. Oil Rig Count Down by 66 This Week
The U.S. oil rig count fell by 66 this week, data from the industry firm Baker Hughes showed, indicating the massive
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Apr 18, 2020
U.S. drillers slash most oil rigs in a week since
Oil rigs in the United States saw their steepest cuts since February 2015 as crude prices more than halved
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Apr 15, 2020
Britain says construction work can begin on HS2
Britain has given the green light for companies to start putting spades in the ground to build a new
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Apr 15, 2020
French anti-crisis package to cost 110 billion
The French government has hiked the expected cost of its measures to support the economy through the coronavirus crisis
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Apr 12, 2020
Turkey not planning to make deal with IMF
Turkey is not planning to make an agreement with the IMF, a presidential spokesman said on Sunday, as the
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Apr 12, 2020
Malaysia’s AirAsia founders not taking
The founders of Malaysia’s AirAsia Group Bhd will not take salaries and its staff has agreed to an as
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Apr 8, 2020
Top 5 Things to Know in the Market on Wednesday,
President Donald Trump wants to partially reopen the U.S. economy within four to eight weeks, but the Covid-19 outbreak
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Apr 8, 2020
Oil holds near $32 ahead of OPEC-led talks on
Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied
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Apr 7, 2020
There is a big event coming in 2020 which is set
Bitcoin price is set to be impacted once again. History has taught BTC enthusiasts that one particular event in
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Apr 7, 2020
Oil rises as hopes build for global production cut
Oil prices clawed their way into positive territory on Tuesday as hopes that the world’s biggest producers will agree
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Apr 5, 2020
The Many Knock-On Effects of Coronavirus
Global markets are reeling as the novel coronavirus continues to spread around the world and the extent of its
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Apr 5, 2020
China Prepares To Close ‘Oil Deal Of A Lifetime’
Over the past week or so, China has eased quarantine measures in Wuhan – the city in which the
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Apr 5, 2020
Saudi Aramco appoints Mark Weinberger to board of
Saudi Aramco (SE:2222) has appointed Mark Weinberger to its board of directors as an independent board member, replacing Andrew
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Apr 5, 2020
Oil Industry Joins The Fight Against Coronavirus
Ventilators from Tesla. Hand sanitizer from Anheuser Busch and fellow distillers. Face masks from General Motors. It sounds like
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Apr 4, 2020
Polish president says postal voting possible for
Postal voting could allow Poland’s presidential elections to be held in May despite the coronavirus, President Andrzej Duda said
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Apr 4, 2020
Kuwait reports first death from coronavirus
Kuwait recorded on Saturday its first death from the coronavirus outbreak, state news agency KUNA reported, citing a health
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Apr 4, 2020
Iran’s coronavirus death toll rises to
Iran’s death toll from the coronavirus outbreak climbed to 3,452 on Saturday, with 158 more fatalities recorded over the
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Apr 4, 2020
3 Things Under the Radar This Week
Wall Street ended a volatile week on a down note as the Covid-19 pandemic kept a grip on market
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Apr 2, 2020
Oil majors rush to raise billions in debt as crude
The world’s top oil and gas companies are rushing to raise tens of billion of dollars in debt to
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Apr 2, 2020
Oil in Sudden U-Turn After Trump Touts Production
Can Donald Trump achieve what OPEC itself couldn’t? The U.S. president’s tweets on Thursday that he expected Saudi Arabia
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Apr 2, 2020
Oil in Sudden U-Turn After Trump Touts Production
Can Donald Trump achieve what OPEC itself couldn’t? The U.S. president’s tweets on Thursday that he expected Saudi Arabia
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Apr 2, 2020
Gold Joins ‘Everything Rally’ After
Gold returned to trading like a risk asset on Thursday, rising over 2% in line with U.S. stocks as
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Apr 2, 2020
Wall St. gains as oil recovery eclipses record
Wall Street bounced on Thursday as a recovery in oil prices outweighed the shock of weekly jobless claims soaring
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Mar 30, 2020
Finnish government pushes Fortum to strive for
Finland’s center-left government on Monday gave its blessing to majority state-owned Fortum ‘s (HE:FORTUM) strategy to cut emissions, but
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Mar 30, 2020
Trump to Speak With Putin Today to Discuss
President Donald Trump said he’s planning to call Vladimir Putin on Monday to discuss Russia’s oil price war with
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Mar 30, 2020
Crude Oil Slumps; U.S. WTI Falls Below $20/Bbl on
Oil markets traded sharply lower Monday, hitting multi-year lows, on growing fears that the global coronavirus shutdown could last
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Mar 29, 2020
In oil markets, it’s back to 1998 crisis pricing
Brent oil futures may be trading at $27 per barrel but oil producers are selling their crude in the
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Mar 29, 2020
Canadian Drillers Face Nightmare Scenario As Oil
The U.S. shale patch laments oil prices in the low $20s crippling companies with already weakened debt and liquidity profiles. But
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Mar 29, 2020
Spain’s coronavirus death toll rises by 838
Spain awoke to its third week under near-total lockdown on Sunday, as the government met to approve a strengthening
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Mar 28, 2020
China’s Wuhan, where the coronavirus
The Chinese city of Wuhan, where the coronavirus outbreak first emerged, began lifting a two-month lockdown on Saturday by
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Mar 28, 2020
Satellite operator OneWeb files for Chapter 11
OneWeb, the satellite operator backed by SoftBank Group Corp (T:9984) has filed for a voluntary Chapter 11 bankruptcy plan
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Mar 28, 2020
Poland to allow postal votes for elderly, those in
Poland’s parliament passed a law early on Saturday allowing postal voting for senior citizens and those in quarantine or
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Mar 26, 2020
A Bull Market in Banks and Other Weird Facts of
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors
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Mar 26, 2020
U.S. Gasoline Demand Plummets Despite Low Oil
Demand for gasoline in the United States fell by 859,000 bpd, the Energy Information Administration (EIA) said in its
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Mar 26, 2020
Gold Caught up in a New ‘Everything
Gold prices rose again on Thursday as a record increase in U.S. jobless claims encouraged expectations of yet more
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Mar 26, 2020
Crude Tumbles as U.S. Stimulus Ignores Trump Plan
Crude prices fell almost 6% on Thursday after the $2 trillion U.S. Covid-19 fiscal rescue left out the Trump
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Mar 25, 2020
Oil Price Slide Accelerates On Crude Inventory
As the oil industry continues to struggle with oil price shocks, the U.S. Energy Information Administration reported a crude oil inventory
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Mar 25, 2020
China to auction 20,000 tonnes of frozen pork from
China will auction 20,000 tonnes of frozen pork from its state reserves on March 27, a notice from the
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Mar 25, 2020
Crude Oil Heads Lower; Stimulus Boost Fails to Last
Oil markets turned lower Wednesday, with a bounce caused by the hefty stimulus package agreed on Capitol Hill short-lived
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Mar 25, 2020
Senate bill set to give aviation sector up to $33
A compromise $2 trillion economic rescue package that will be voted on by the U.S. Senate on Wednesday is
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Mar 17, 2020
Oil Hovers at $30 and Goldman Warns of More Losses
Oil erased gains as the shutdown of swaths of the global economy triggered a meltdown in fuel demand. Futures
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Mar 17, 2020
Ventas sees slowdown in move-ins to senior centers
Ventas Inc (N:VTR) said on Tuesday it was experiencing a slowdown in move-ins at its senior housing business and withdrew
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Mar 17, 2020
Fiat Chrysler’s only open Italian plant
Fiat Chrysler (MI:FCHA)(FCA) has resumed limited production at its Atessa facility in Italy, the automaker’s only open assembly plant, having
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Mar 17, 2020
Top 5 Things to Know in the Market on Tuesday,
The airline industry, which spent almost all of its free cash flow on stock buybacks for the last 10
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Mar 14, 2020
Singapore PM: virus hit to economy likely worse
Singapore’s prime minister warned on Saturday that the negative economic effects of the coronavirus outbreak will likely be deeper
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Mar 1, 2020
Energy & Precious Metals
How much worse could it get for oil? Crude prices took their cue from a nosediving stock market to
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Mar 1, 2020
Saudi economy grows just 0.3% in 2019 as oil
DUBAI (Reuters) – Saudi Arabia’s economy grew by a weaker-than-expected 0.3% in 2019 as the oil sector contracted sharply,
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Mar 1, 2020
Abortion rights face stern new test at
WASHINGTON (Reuters) – The U.S. Supreme Court this week gets its first chance to consider new curbs on abortion
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Feb 26, 2020
coronavirus in USA
Asia reported hundreds of new coronavirus cases on Wednesday, including the first U.S. soldier to be infected, as the
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Feb 22, 2020
The export prices of Iranian PVC / Iranian cargo
Iran’s PVC export price in the last two weeks has been announced at $ 2- $ 3 per tonne
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Feb 22, 2020
conflict between Turkey and Syria at the center of
.despite rising in quantity of industrial products of Turkey, pound/ lira exchange rate increased 0.3% last week to about
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Feb 13, 2020
China Replaces Head of Hong Kong and Macau Office
China replaced the head of its top agency overseeing Hong Kong, in the latest shakeup after months of anti-government
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Feb 13, 2020
Italy Is at Risk of Recession as Virus Threatens
Italy risks missing its already unambitious growth targets for 2020 because of the coronavirus outbreak, according to a senior
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Feb 10, 2020
Oil slips on weaker Chinese demand, traders await
Oil slips on weaker Chinese demand, traders await OPEC+ cuts Oil prices slipped on Monday on weaker Chinese oil
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Feb 10, 2020
Futures Point to Small Gains; Virus Breeds
Virus Breeds Uncertainty U.S. stocks are set to open marginally higher Monday, rebounding after Friday’s losses which bucked an
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Feb 1, 2020
From the Trade War to Iran Conflict.
Headlines have a habit of turning on a penny. Just as “US-China” and “trade war” began to recede as
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Feb 1, 2020
Iran supports unanimous OPEC output cut plan:
Iran supports the unanimous OPEC output cut plan: Zangeneh Iran supports deeper crude oil cuts by the Organisation of the Petroleum
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Feb 1, 2020
Futures Point Lower; Apple Warning Weighs, Walmart
stocks are set to open sharply lower Tuesday, as investors return from a holiday to the shock news from
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Oct 14, 2019
using disposable plastic is banned in China
china’s movement for removing the disposable plastics from the consumption cycle has raised concerns among market traders about the
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