Oil Prices Rise As Supply Shrinks
Oil prices rose early on Tuesday as market participants believed that improving demand and more supply coming off would ease the glut faster than expected. As of 10:37 a.m. EDT Continue Reading
Oil Holds Gains As Demand Continues To Rise
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Oil Rallies With Producers Showing Confidence by Hiking Prices
Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing. Nigeria and Algeria — both members of Continue Reading
Global bunker fuel demand set to drop 5%-10% on COVID-19 pain – expert
Singapore’s 2020 bunker fuel sales likely to stay steady Despite Ocean Bunkering’s interim absence, Singapore bunker suppliers able to meet demand Transition to IMO 2020 rule smooth as PSC’s ratcheted Continue Reading
Climate change in deep oceans could be seven times faster by middle of century, report says
Rates of climate change in the world’s ocean depths could be seven times higher than current levels by the second half of this century even if emissions of greenhouse gases Continue Reading
Russia Sends Warplanes to Libya, Escalating Its Involvement, U.S. Says
Senior U.S. military officials said Russia has sent jet fighters to Libya to support Russian mercenaries fighting there on behalf of Khalifa Haftar, a militia leader based in the eastern Continue Reading
Pentagon accuses Moscow of sending fighter jets to back Libyan warlord
The Pentagon accused Moscow on Tuesday of dispatching fighter jets to Libya to bolster Kremlin-linked mercenaries helping an eastern warlord, a move that would represent a significant expansion of Russia’s Continue Reading
India Bracing to Battle Locust Invasion Ahead of Monsoon Sowing – Bloomberg
Indian authorities are helping farmers mount a pesticide spraying campaign to fight the swarms of desert locusts which have already devastated crops across Pakistan and East Africa. As many as 700 tractors, 75 fire Continue Reading
The largest lockdown in the world is ending. India is bracing for what come…
The flight attendants are wearing full protective gear, and some passengers face quarantines at their destinations. But for the first time in months, India’s skies are open. The resumption of Continue Reading
Bolsonaro brought in his generals to fight coronavirus. Brazil is losing the battle
In mid-March, Brazil took what seemed to be a forceful early strike against the coronavirus pandemic. The Health Ministry mandated that cruises be canceled. It advised local authorities to scrap Continue Reading