The Organization of the Petroleum Exporting Countries, Russia and other countries reached a tentative agreement on Thursday to temporarily cut production. OPEC and the other oil-producing countries agreed to cut Continue Reading
India is showing the world what a broken food supply chain under coronavirus restrictions looks like. Two weeks into the world’s biggest lockdown, the people who move the essentials from Continue Reading
Among the world’s biggest oil producers, state-run giants in China and Russia don’t need a bailout in the traditional sense. Oil industry giants in the United States aren’t likely to Continue Reading
Global oil demand is being destroyed as the coronavirus forces people around the world to remain indoors and avoid all unnecessary travel. Currently, more than two-thirds of the world’s population are Continue Reading
The port backups that have paralyzed food shipments around the world for weeks aren’t getting much better. In fact, in some places, they’re getting worse. In the Philippines, officials at Continue Reading
Highlights Zurfi withdrew his candidacy Thursday amid political opposition He is the second PM designate to quit the race Iraq is OPEC’s second largest oil producer Dubai — Iraq’s President Continue Reading
Pakistan is reopening some factories amid a national lockdown to counter the deadly coronavirus pandemic as the south Asian nation expects its exports will decline by 50% in the next two Continue Reading
A nationwide ceasefire in response to the global coronavirus outbreak went into effect in Yemen on Thursday, raising hope for an end to the five-year-old war that has pushed millions Continue Reading
A small Chinese city on the border with Russia is mounting an increasingly urgent defence against a surge of new coronavirus cases even as crowds return to restaurants and shops Continue Reading
China’s Wuhan city, where the global coronavirus pandemic began, is still testing residents regularly despite relaxing its tough two-month lockdown, with the country wary of a rebound in cases even Continue Reading
