China’s incredible economic expansion has earned it the status of the world’s largest CO2 emitter. While the Asian country’s economy is second only to the U.S.’ its emission of greenhouse Continue Reading
China has tightened coronavirus restrictions in Beijing, cancelling flights and closing schools in a bid to stem the outbreak in the capital. Officials said on Wednesday that 31 new cases were Continue Reading
A new cluster of infections in Beijing has seen authorities raise the coronavirus alert level, cancel flights and roll out mass testing. The WSJ’s Jonathan Cheng explains how the outbreak Continue Reading
Crude nearly erased all losses after a U.S. government report showed inventories at the nation’s key storage hub in Oklahoma declined. Stockpiles at the Cushing site declined for a sixth straight Continue Reading
Oil slid after U.S. petroleum inventories climbed to a record for the second week in a row, more than offsetting signs of a recovery in fuel demand. Gasoline and distillate inventories Continue Reading
There is virtually no economic sector on Earth that has not been impacted by the spread of the novel coronavirus, but few have been as thoroughly battered as the global Continue Reading
The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis Continue Reading
US commercial crude stocks notched a fresh all-time high last week amid still-weak refinery demand and flagging exports, US Energy Information Administration data showed June 17. Receive daily email alerts, Continue Reading
US jet production is rising to meet growing demand as cautious fliers return to the sky amid the loosening of coronavirus lockdown restrictions, government inventory data showed June 17. Receive Continue Reading
A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy faces a long Continue Reading
