Is This The Beginning Of The End For Texas Oil?
Widespread misery was evident in the Dallas Fed’s latest survey , which included responses from 161 energy firms and took place from March 11-19. The quarterly survey offers a window Continue Reading
A Wave Of Downgrades Has Hit The U.S. Oil Patch
The riskier end of the energy bond market has lately suffered a sharp blow in response to an epic oil price crash as the coronavirus pandemic and oil price war Continue Reading
MIT researchers use neural networks to speed materials design; 5 weeks vs 50 years for flow battery proof-of-concept
When searching through theoretical lists of possible new materials for particular applications, such as batteries or other energy-related devices, there are often millions of potential materials that could be considered, Continue Reading
G20 leaders to inject $5 trillion into global economy to fight coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject $5 trillion in fiscal spending into the global economy to blunt the economic impact of the coronavirus Continue Reading
In drastic move, Italy shuts most factories to halt virus
Italy has become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, a potential cautionary tale for other governments, such as Continue Reading
Russian oil, gas output to continue smoothly despite new coronavirus measures
Russian oil and gas producers said Thursday that measures introduced so far to combat the spread of the coronavirus in Russia will not affect oil and gas production and supply. Continue Reading
Russia calls for new enlarged OPEC deal to tackle oil demand collapse
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia’s sovereign wealth fund said, adding that countries should also Continue Reading
Europe’s Leaders Are at Loggerheads Over Coronabonds: Map – Bloomberg
As Europe’s economy nosedives, its leaders are at loggerheads over how to respond to the shock of the coronavirus pandemic. A group of countries led by France, Italy and Spain seek joint Continue Reading
Russia’s Self-Inflicted Oil Crisis
The timing could not have been worse for Russia to provoke a spat with Saudi Arabia over oil production quotas in early March. Moscow’s decision to withdraw from the OPEC+ Continue Reading
Oil falls as sinking demand outweighs stimulus hopes
Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a U.S. $2 trillion emergency stimulus Continue Reading