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Month: May 2020

Category:
  • BP

BP chief sees risk of oil demand passing peak as pandemic hits

BP’s new chief executive said the coronavirus hit to crude consumption was likely to endure beyond the pandemic – and may even have ushered in “peak oil” demand. Bernard Looney, who Continue Reading

Posted On : 12 May 2020 Published By : Tom Whipple
Category:
  • Russia

Coronavirus crisis leaves Russian government rudderless

When Vladimir Putin tapped Mikhail Mishustin in January to become prime minister, the little-known tax official was meant to spearhead a push for stimulus spending to help Russia’s president remain Continue Reading

Posted On : 12 May 2020 Published By : Tom Whipple
Category:
  • United Kingdom

Bafflement Greets Boris Johnson’s Plan for Reopening Britain

When the coronavirus first struck, Prime Minister Boris Johnson of Britain agonized long and hard before closing stores, pubs, and restaurants as part of the country’s fight against the disease. Continue Reading

Posted On : 12 May 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Falls on Fears a Second Virus Wave Would Pummel Demand Again

Oil pared last week’s gain as fears of a potential resurgence in global coronavirus cases countered tentative signs of a demand recovery. Futures fell 2.3% in New York to trade near $24 a Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • Prices

Bulls Call The Bottom In The Oil Market, But Are They Right?

The current year is likely to go down in the annals of stock trading as one that set the biggest records, both good and bad. It took a mere 20 Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • Prices

What’s Behind The Sudden Rally In Natural Gas?

U.S. natural gas prices have jumped more than 20 percent from an early April low and are set to rise through the rest of the year despite high market volatility Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • Transportation

The Car Is Staging a Comeback, Spurring Oil’s Recovery

James Li, a public relations account director, would rather spend an hour sitting in Beijing traffic than risk 30 minutes exposed to crowds on a train. “Traffic is as bad Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • Economy

New virus outbreaks hamper efforts to reopen global economy

New Covid-19 outbreaks in South Korea , Germany and China have highlighted the challenge faced by governments seeking to loosen social restrictions, as millions of Europeans prepare for the tentative Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • Economy

Study using satellite data finds rate of urban growth much greater than previously thought

An international team of researchers has used satellite images to map urban growth between 1985 and 2015. Each image captured 900 square meters of ground, a level of detail that Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple
Category:
  • coronavirus

Coronavirus Outbreak: Live Updates and News for May 11, 2020 – Bloomberg

U.S. Vice President Mike Pence has been self-isolating but will be back at the White House on Monday, while three members of the Trump administration’s task force are in quarantine. Russia Continue Reading

Posted On : 11 May 2020 Published By : Tom Whipple

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