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Month: April 2020

Category:
  • Mexico

Mexico’s President Fears The Economic Consequences As Oil Prices Go Negative

The oil price meltdown will affect Mexico’s economy and is bound to deepen the global economic crisis, Mexican President Andrés Manuel López Obrador said on Tuesday, a week after he Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • Mexico

Mexico to Shut Down Wells a Week After Refusing Deep OPEC+ Cuts

With crude prices collapsing, Mexico’s president says his country will shut down new wells in a move that comes just over a week after he almost wrecked a global oil Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • China
  • coronavirus

Recovered, almost: China’s early patients unable to shed coronavirus

Dressed in a hazmat suit, two masks and a face shield, Du Mingjun knocked on the mahogany door of a flat in a suburban district of Wuhan on a recent Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • Agriculture
  • Asia
  • coronavirus

Asia pivots toward plants for protein as coronavirus stirs meat safety fears

Demand for plant-based protein foods is surging in Asia, suppliers say, as suspicion over possible links between wild animal meat and the new coronavirus drives some consumers, particularly in Hong Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • China

COVID-19 Could Kill China’s $3.8 Trillion New Silk Road

The BRI is a far-reaching plan for transnational infrastructure development, linking five continents through land and sea corridors and industrial clusters. Launched in 2013, it was initially planned to revive Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • California
  • coronavirus

Los Angeles antibody test results are a warning to states thinking of reopening

There’s new evidence from Los Angeles County that the novel coronavirus may have infected around 4 percent of its population. That’s both good news and bad news. Officials in the Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Texas Railroad Commission defers proration decision until May 5 meeting

The Texas Railroad Commission adjourned a webcast public meeting Tuesday without voting on whether to implement prorationing the state’s production, instead deferring a decision until next month. Receive daily email Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • Coal
  • USA

US coal carrier departures reach eight-week high with 42 carriers:

Weekly US coal ship departures totaled 42 in the week ended April 18, up eight from the previous week, data from cFlow, Platts trade-flow software, showed.  Departures dropped to an Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Trump says US will offer oil, gas sector relief from market collapse

Oil futures appeared to shrug off President Donald Trump’s promise Tuesday to develop a financial rescue package for oil and gas producers after Monday’s staggering selloff amid plunging demand and Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple
Category:
  • Economy

Gail Tverberg: Is there a way forward?

Many people are concerned today with the low price of oil. Others are concerned about slowing or stopping COVID-19. Is there any way forward? I gave a few hints regarding Continue Reading

Posted On : 22 Apr 2020 Published By : Tom Whipple

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