India reported a record 9,887 new coronavirus cases in one day on Saturday and overtook Italy as the world’s sixth-biggest outbreak, two days before the relaxing of lockdown with the Continue Reading
The United States will permit Chinese passenger air carriers to operate two flights per week after Beijing said it would ease coronavirus-related restrictions to allow in more foreign carriers, the Continue Reading
China is advising its citizens not to visit Australia, citing racial discrimination and violence against Asians, in what appears to be Beijing’s latest attempt to punish the country for advocating Continue Reading
China has required the three biggest state-held oil corporations to transfer the management of half of their liquefied natural gas (LNG) terminals to the newly created state-controlled midstream firm, Caixin Continue Reading
America’s labor market defied forecasts for a Depression-style surge in unemployment, signaling the economy is picking up faster than anticipated from the coronavirus-inflicted recession amid reopenings and government stimulus. A broad Continue Reading
Last month was the warmest May on record, with some parts of Siberia, Alaska and Antarctica registering unusually high temperatures, according to the Copernicus Climate Change Service. Global temperatures were 0.63 Continue Reading
US oil production is set to shoot higher, as shale producers eyeing Opec’s move to support prices are poised to reactivate wells only a few weeks after shutting them. Output could Continue Reading
The Trump administration is doing by fiat what it has struggled to accomplish through lengthy rulemaking — dismantling federal regulations designed to protect workers, consumers, investors and the environment. Invoking Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 17, falling to 284, with the total oil and Continue Reading
Highlights Gulf producers shut 545,000 b/d and 601 MMcf/d ahead of Cristobal About 10% of US Gulf platforms evacuated US Gulf crude production estimated to fall to 1.6 million b/d Continue Reading
