Oil Prices Already Reflect Huge Demand Destruction
OPEC+ is moving quickly to try to halt the meltdown in oil prices as the demand hit from the coronavirus continues to grow. The Joint Technical Committee (JTC) meets Tuesday Continue Reading
Brace For A Global Crisis In 2020
The year 2020 could emerge as the start of the era of relative global chaos or major upheaval. It is the era we have been anticipating, as the impact of Continue Reading
Several Climate Change Simulations Just Snapped Into Doomsday Mode
Several models predicting the future of climate change have taken a drastic turn for the worse: multiple research teams are now forecasting that the planet will heat up more catastrophically Continue Reading
Climate Models Are Running Red Hot, and Scientists Don’t Know Why
There are dozens of climate models, and for decades they’ve agreed on what it would take to heat the planet by about 3° Celsius. It’s an outcome that would be Continue Reading
Tackling air pollution may accidentally trigger serious health issues
Cleaning up dirty air might sometimes make things worse Imaginechina Limited/Alamy Cities tackling one major air pollutant risk inadvertently making things worse by fuelling the growth of another, potentially more Continue Reading
OPEC+ delegates weigh new oil cuts as they analyze coronavirus impact
OPEC and its allies ended the first half of a two-day technical committee meeting Tuesday with no pronouncements on new production cuts, but heard from a Chinese official who said Continue Reading
Factbox: OPEC experts weigh coronavirus impact and oil cuts
OPEC and its coalition partners are discussing deeper cuts to oil output in the wake of the global coronavirus outbreak and slowing Chinese demand. The technical committee of the 23-member Continue Reading
OPEC+ delegates to resume coronavirus talks on possible new oil cuts
OPEC analysis estimates 200,000-400,000 b/d demand fall Analysts see OPEC+ agreeing on cuts of at least 500,000 b/d Ministerial meeting would need to be scheduled for vote Officials from OPEC Continue Reading
Can OPEC+ Rescue Oil Markets Once Again?
If you haven’t received our latest Global Energy Alert report , I strongly recommend you to sign up and read it immediately. From the latest breaking news on the Coronavirus Continue Reading
Libya Oil Production Slips To 200,000 Bpd
Libya is producing about 204,000 bpd of crude oil at the moment, an unnamed source has told Bloomberg, as a blockade of the country’s export terminals and several fields enters Continue Reading