Russia’s $1.6 trillion economy is going to be dealt another blow when a moratorium is lifted on companies filing for bankruptcy. The measure, which was a condition of government pandemic support, Continue Reading
European Union carbon dioxide emissions this year are set to fall to a level not seen since the late 1950s. The fallout from the coronavirus that saw industry shut down, businesses Continue Reading
Delta Air Lines was hoping to restart flights next month from New York to Athens and Lisbon, two popular summer destinations, but it will probably have to wait a little Continue Reading
According to provisional data published by the European Environment Agency (EEA), average CO 2 emissions from new passenger cars registered in the European Union (EU), Iceland, Norway and the United Continue Reading
Crude oil futures were trading higher in mid-morning trade in Asia June 26 after positive US economic data buoyed market sentiment about an improved demand outlook, despite fresh outbreaks of Continue Reading
Oil prices inched up on Friday as the bullish impetus from signs of fuel demand recovery was kept in check by a rising number of new coronavirus cases in the Continue Reading
NYMEX prompt-month Henry Hub futures prices plunged to a 25-year low on June 25 as rising gas storage inventories and pandemic-related demand weakness continue to weigh on the market. In Continue Reading
Natural gas prices near a 25-year low on Thursday morning as fundamentals are turning bearish. August NatGas futures slid 2% to 1.612 MMBtu on Thursday morning, weighed down by the Continue Reading
Oil prices rose about 2% in a volatile session on Thursday, buoyed by signs of a marginal improvement in the U.S. economy and a tepid rise in fuel demand, but Continue Reading
The recent optimism in oil markets has left many analysts scratching their heads, with no real fundamental reason for the shift in sentiment. Demand projections that suggest Asia or the Continue Reading
