Huge Spill Stains Arctic and Climate Change Could Be the Cause
A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining company involved said the catastrophe may have been caused by Continue Reading
Crude oil futures dip as doubt lingers around OPEC+ talks
Crude oil futures were trading lower in mid-morning trade in Asia on June 4 as uncertainty crept up on the market amid reports that OPEC+ talks were bogged down over Continue Reading
Stock Market Today:
The stock rally fed by bets on a speedy global economic recovery from the pandemic paused for breath on Thursday as equities struggled in Europe and Asia. The dollar strengthened Continue Reading
Oil Whipsawed by Uncertainty Over OPEC+ Cuts and U.S. Stockpiles
Oil closed at the highest level since early March, buoyed by optimism that OPEC+ will rebalance the market. But the rally could turn on what happens at the alliance’s June Continue Reading
Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts
Oil ended slightly higher on Wednesday but remained below the session’s early highs above $40 a barrel, the highest since March, retreating as doubts emerged about the timing and scale Continue Reading
Solar Geoengineering: Cooling the Planet Can Be Fast and Cheap
Congratulations. You’ve done everything humanly possible to cut carbon dioxide—to zero. But what if even that won’t be enough? It’s one of the most uncomfortable realizations in climate research. Inertia Continue Reading
OPEC+ Cheats Get Ultimatum That Puts Cuts Extension in Doubt
The leaders of OPEC+ gave fellow members an ultimatum: stop cheating on oil-output quotas or the strict measures that have revived oil prices may start to be phased out. Saudi Continue Reading
OPEC+ keen to keep U.S. shale in check as oil prices rally
When OPEC, Russia and their allies agreed in April to slash oil production, little did they expect that their initiative to prop up collapsing prices would be helped by a Continue Reading
Iran says coronavirus restrictions could return if second wave hits
(Reuters) – Iran’s president warned the public on Wednesday that restrictions may have to be reimposed to fight the coronavirus if the country is hit by a second wave of Continue Reading
Libya’s government retakes Tripoli airport ahead of possible truce talks
Libya’s internationally recognized government recaptured Tripoli’s main airport on Wednesday, all but driving an eastern commander’s forces from the capital ahead of what appeared to be moves towards talks on Continue Reading