WUHAN, China (Reuters) – China reported on Saturday a rise in new coronavirus infections, mostly in travellers arriving from abroad, as doctors in the central city of Wuhan, where the Continue Reading
Australia will increase its oil stock through an agreement with the U.S. to help support the global market, following a video conference with G-20 energy ministers. Energy markets in Australia were Continue Reading
Tesla has just had its best month in China, selling a record high number of electric vehicles in March despite a 41-percent plunge in overall car sales in the world’s Continue Reading
Baker Hughes reported on Thursday that the number of oil and gas rigs in the US fell again this week by 62, falling to 602, with the total oil and Continue Reading
US commercial crude storage could hit its capacity in mid-May as refinery demand and US oil exports each plunge about 30%, triggering widespread production cuts and shut-ins throughout the country, Continue Reading
The coronavirus pandemic has led to a sell-off in wholesale US electricity markets as closed restaurants and office buildings, and idled factories, lead to lower power use. The price decline is Continue Reading
Romania became the first country to cut off grain exports during the coronavirus pandemic, a dramatic move that could fan worries about the global food supply. The government passed a decree Continue Reading
Mexico has plans to boost crude oil production Agreement must be unanimously approved, Saudis say Trump in call with King Salman, Putin on oil cut deal The OPEC+ alliance’s 10 Continue Reading
A deal between OPEC and nations including Russia to boost oil prices involves a 10 million barrels per day cut until July, then an 8 million barrels per day cut Continue Reading
It was going to be a reasonably good year for oil. OPEC+ would continue to keep a lid on production to keep prices above dangerous levels, and U.S. shale would Continue Reading
