The coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis, the Organisation for Economic Cooperation and Development warned on Monday, urging governments and Continue Reading
The outbreak of the coronavirus disease is to cause extensive staffing and supply shortages in the oil and gas industry, as well as a fall in investment of around $30 Continue Reading
OPEC for now is planning to hold its ministerial meeting as scheduled this week, pending a final decision Monday with a teleconference under consideration, sources told S&P Global Platts. “At Continue Reading
The OECD sounded the alarm about coronavirus on Monday, warning that it could halve global economic growth this year from its previous forecast. The Paris-based group lowered its central growth forecast Continue Reading
On the walls of Basra children’s cancer hospital hang photos of some of the youngsters who’ve been treated there. Most are smiling. Some of the portraits have a black stripe Continue Reading
OPEC could agree further oil production cuts at its meeting in Vienna this week, even if Russia decides not to join them, unnamed sources in the know told Reuters. In Continue Reading
In less than two weeks the number of confirmed cases of coronavirus in Iran has jumped from two to more than 2,300, shaking public trust in the Iranian regime’s capacity Continue Reading
Balancing its ability to cause chaos in the global oil markets by closing/disrupting the Strait of Hormuz (through which flows around 35 per cent of the world’s oil supplies) with Continue Reading
Tasmania will invest A$50 million ($33 million) to build a renewable hydrogen industry, as the island state plots a course to commercial exports of the clean fuel by 2030. Australia’s Continue Reading
Authorities are also asking overseas Chinese to reconsider travel plans Travellers from countries with severe coronavirus outbreaks who arrive in some parts of China will have to undergo a 14-day Continue Reading
