Crude futures rose 0.9% in New York on Tuesday. Ahead of OPEC meetings later this week, the group’s Joint Technical Committee recommended an output cut of 600,000 to 1 million Continue Reading
Crude oil futures were higher in mid-morning trade in Asia Wednesday as the market looked ahead to a decision on production cuts from the upcoming OPEC+ meeting on Thursday. At Continue Reading
On February 11, I predicted that Coronavirus would crush oil prices. Prices collapsed on February 20. Today, prices have reversed and WTI price is $2.00 higher on expectations of an Continue Reading
The use of fossil fuels such as coal and oil for generating electricity fell in 2019 in the United States, the European Union and India, at the same time overall Continue Reading
The American Petroleum Institute (API) estimated on Tuesday a smaller than anticipated crude oil inventory build of 1.7 million barrels for the week ending February 28, compared to analyst expectations Continue Reading
Oil rallied on Tuesday morning, along with equity markets after the U.S. Federal Reserve announced an emergency rate cut of 50 basis points. The news sent major indices rallying, with Continue Reading
With the Doomsday Clock ticking closer to midnight, “existential” is becoming the word of our times, encompassing a wide variety of apocalyptic anxieties. Especially those surrounding climate change. During last Continue Reading
I am not an expert on infectious disease. If you haven’t done so already, please read an article or listen to a podcast by someone who is—I’d suggest Laurie Garrett, Continue Reading
The global death rate of the new coronavirus is 3.4 percent, the W.H.O. says. The head of the World Health Organization said on Tuesday that the global mortality rate for Continue Reading
Group of Seven finance chiefs said they’re ready to act to shelter their economies from the spreading coronavirus, though they stopped short of spelling out what specific measures they would Continue Reading
