Stocks resumed their plunge, wiping out more than $3 trillion in value this week alone, and U.S. Treasuries yields hit record lows on Thursday as the coronavirus spread faster outside Continue Reading
Commodity prices moved sharply lower this week amid a renewed focus on demand destruction following a flurry of new coronavirus outside of China. ICE front-month Brent futures settled at $54.95/b Continue Reading
The number of new coronavirus infections inside China – the source of the outbreak – was for the first time overtaken by fresh cases elsewhere on Wednesday, as U.S. markets Continue Reading
President Trump named Vice President Mike Pence his point person to coordinate the government’s response to the coronavirus, expressing confidence that the United States would prevent a widespread domestic outbreak. Mr. Trump’s Continue Reading
The global oil and gas market was once dominated by a select group of Western energy companies called “The Seven Sisters” . The unparalleled influence of these International Oil Companies Continue Reading
It wasn’t supposed to be this way. The fall of the Berlin Wall was to bring about one, integrated world market where goods and services freely traversed borders without the Continue Reading
The threat of coronavirus spreading across Europe’s open borders has put local authorities and others in a bind over whether to call off fashion shows, soccer games and other major Continue Reading
From the Austrian Alps to an island off the coast of Africa. From an evangelical church in South Korea to a holy Shiite city in Iran. Governments and health workers Continue Reading
A total of 14 Saudi companies in the energy sector booked hefty losses last year, Middle East Monitor reported on Wednesday, quoting analysts who had spoken to local media. One Continue Reading
OPEC producer Kuwait has excluded oil tankers from a ban on ships departing or arriving from several countries in a bid to reduce the risk of coronavirus spreading, Reuters reported Continue Reading
