Britain will ban the sale of new petrol and diesel cars from 2035 in an attempt to reduce air pollution, a step which accelerates a shift toward electric vehicles. Following Continue Reading
Russian gas supplies via Ukraine are expected to pick up in the coming weeks as state-controlled Gazprom finalizes renegotiations with its European customers over delivery points for Russian imports, an Continue Reading
Crude oil futures were marginally higher in mid-morning trade in Asia Tuesday, rebounding from the sharp decline overnight, although analysts highlighted that the near-term outlook remains bearish. At 10:35 am Continue Reading
Oil prices continued their downward slide on Monday, with Brent crude falling 4.19% by 4:20pm EDT, hitting lows not seen in 13 months as oil demand falters as the death Continue Reading
Oil prices fell to the lowest in more than a year on Monday as the coronavirus outbreak curtailed Chinese demand and sparked potential supply cuts by OPEC and its allies. Continue Reading
The world’s biggest oil producers could be about to slash output as they grapple with the fallout of the coronavirus. Representatives of oil producers’ cartel Opec and its allies are Continue Reading
Citigroup has slashed its oil price forecasts for three of the quarters this year and doesn’t rule out Brent Crude sliding to as low as $47 a barrel as the bank Continue Reading
Opec and its allies are preparing emergency cuts in oil production after the crude price entered a bear market, driven lower by the impact of the coronavirus outbreak on demand Continue Reading
LNG use driving demand, India likely underestimated Industrial use, not power generation to drive gas demand The world has entered a “golden age of gas” thanks to the growth of Continue Reading
Goldman Sachs says 2020 global growth will take a modest hit from the outbreak of coronavirus, assuming an aggressive response from authorities in China and elsewhere to bring the rate Continue Reading
