In its latest information bulletin on the oil blockade of ports and pipelines released yesterday, Libya’s state National Oil Corporation (NOC) confirmed a drop in production to the current level Continue Reading
A cargo of 950,000 barrels of crude that had been stranded at sea for about a year has finally docked at the port of Jose in Venezuela, Bloomberg reports, adding Continue Reading
Venezuela’s state-owned PDVSA has 677,000 b/d of crude available to sell for February, but no buyers because of US sanctions, according to a company official. Receive daily email alerts, subscriber Continue Reading
Questions about the coronavirus are coming thick and fast—but not answers. Today China reported a startling leap in cases, adding over 14,000—a third of the existing number—to the total in Continue Reading
The Chinese capital Beijing on Friday imposed a 14-day self-quarantine on people returning to the city from holidays to prevent the spread of the new coronavirus and threatened to punish Continue Reading
The International Energy Agency expects demand for oil to fall in the first quarter as a result of the virus outbreak that emanated in China. Any fall would represent the Continue Reading
The International Monetary Fund hopes governments and central banks will work on a response to the coronavirus outbreak once the economic impact becomes clear, IMF Managing Director Kristalina Georgieva said Continue Reading
Fiat Chrysler Automobiles NV said it is temporarily halting production at a car factory in Serbia because it can’t get parts from China, a sign of how the coronavirus outbreak Continue Reading
This was the week that Chinese industry and commerce was supposed to stir back to life after an extended new year holiday triggered by the rapid spread from Wuhan of Continue Reading
More than 63,000 people in China have been infected with the coronavirus Beijing has ordered everyone returning to the city to go into quarantine for 14 days or risk punishment Continue Reading
