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Month: April 2020

Category:
  • Middle East

Middle East oil products use, once an engine for global growth, set for record drop, analysts say

The Middle East’s consumption of oil products from gasoline to jet fuel will add to pressures on global oil demand for this year as countries led by the energy-dependent Gulf Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • Iran

Iran renews coronavirus warning as ‘low risk’ activities re-start

President Hassan Rouhani urged Iranians to continue to respect measures to guard against the new coronavirus as “low-risk” business activities resumed in most of the country on Saturday, state news Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • India

Coronavirus: India to extend nationwide lockdown, state minister says

Streets across India have been deserted because of the lockdown India will extend a strict nationwide lockdown imposed last month to stop the spread of the coronavirus, a top official Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • India

In India, Coronavirus Fans Religious Hatred

After India’s health ministry repeatedly blamed an Islamic seminary for spreading the coronavirus — and governing party officials spoke of “human bombs” and “corona jihad” — a spree of anti-Muslim Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • India

India plans to resume some manufacturing amid lockdown: sources

India is planning to restart some manufacturing after April 15 to help offset the economic damage of a nationwide coronavirus lockdown, two government sources said, even as it weighs extending Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • India

India lockdown: Government pins hope on domestic thermal coal for power generation amid oversupply

Seaborne thermal coal traders were unfazed and stressed the importance of imported material in India’s energy mix even as the Indian government urged end-users to keep seaborne cargoes at bay Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • Mexico

Mexico to cut oil output by 100,000 bpd from May: officials

Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels per day at Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • Argentina

Coronacrisis Is Killing Argentina’s Shale Oil Boom

Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices. On Thursday, the regional news outlet in the Vaca Muerta, Rio Negro Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • China

How sharply has China’s economy contracted?

As the coronavirus pandemic grows, investor attention has largely shifted from backward-looking indicators that confirm the severity of the economic shutdown to more frequently updating trackers of activity. But this Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple
Category:
  • China

China’s Harbin orders 28-day quarantine after rise in imported cases

China’s northeastern city of Harbin will implement a 28-day quarantine measure for all arrivals from abroad, its government said in a statement posted online on Sunday. People entering the capital Continue Reading

Posted On : 13 Apr 2020 Published By : Tom Whipple

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