Crude oil futures traded lower during mid-morning trade in Asia Wednesday as uncertainty around the extent of oil demand recovery lingers, even as more countries attempt to ease COVID-19 lockdowns. Continue Reading
Oil traded near a five-week high as investors weighed the nascent recovery of demand against concerns about a resurgence in coronavirus cases if lockdowns are relaxed too early. The head of Continue Reading
Oil climbed to the highest level since early April after the U.S. government lowered its output forecast for the year. Futures in New York gained 6.8% on Tuesday. The Energy Information Continue Reading
Oil prices climbed Tuesday, a sign that production cutbacks and easing pressure on storage facilities are lifting traders’ hopes for battered energy markets. U.S. crude futures for June delivery closed Continue Reading
The latest Global Energy Alert report on ‘How To Profit From The Oil Market Crash’ is an absolute must-read for everyone from crude oil traders to energy investors. Sign up Continue Reading
Oil prices continue to rise on the prospect of a rebound in fuel demand as economies begin to reopen. But there is a large difference between oil demand rising from Continue Reading
The coronavirus pandemic has rapidly evolved from a global health crisis to a financial one, upending industries, shuttering businesses, and sending financial markets reeling. Amid the crisis, the world’s leading Continue Reading
World trade in goods is set to slump at a rate not seen since the global financial crisis in 2009, with estimates becoming increasingly gloomy over the past weeks, the Continue Reading
Could Covid-19 take the airline industry back to the 1990s, when roomier planes flew fewer people on fewer routes at higher prices? Nostalgia should be kept in check. On Tuesday, Continue Reading
Countries that lifted restrictions are now reimposing lockdowns after seeing a spike in new coronavirus infections — and federal health officials testifying at a virtual Senate hearing Tuesday warned of a similar resurgence Continue Reading
