OPEC+ found itself stuck yet again, after a day of talks ended with its two most important members split over whether they should deepen production cuts to offset the huge demand Continue Reading
The oil price slide that prompted several weeks of oil contract selling among hedge funds could be coming to a close, according to the latest data on hedge fund oil Continue Reading
Oil demand is set to contract in 2020 as the coronavirus outbreak widened to 72 countries outside China as of Wednesday, threatening to put more pressure on the global economy Continue Reading
Hedge funds are clearly bracing for even harder times for the battered oil market as bearish bets keep piling on. According to data from research firm S3 Partners, short sellers Continue Reading
The outlook for the global economy continues to darken, and a growing number of analysts see oil demand contracting in 2020. Despite the recent rebound in oil prices – largely Continue Reading
Crude oil prices remained unchanged after the Energy Information Administration reported a crude oil inventory build of 800,000 barrels for the week to February 28. Gasoline inventories, however, fell substantially. Continue Reading
In the second downward revision of its oil price outlook in just one month, Goldman Sachs slashed again its estimates for 2020, noting that even deeper OPEC+ cuts and central Continue Reading
Fire in the Amazon rainforest in the Candeias do Jamari region of Porto Velho in Brazil, on Aug. 24, 2019. Humanity has pushed atmospheric carbon dioxide levels almost 50% higher Continue Reading
The coronavirus is delivering a one-two punch to the world economy, laying it low for months to come and forcing investors to reprice equities and bonds to account for lower company Continue Reading
Air pollution is responsible for shortening people’s lives worldwide on a scale far greater than wars and other forms of violence, parasitic and vector-born diseases such as malaria, HIV/AIDS and Continue Reading
