Riders are skittish. Cleaning costs are soaring. Some, like the Bay Area’s Caltrain system, face an existential crisis. Officials talked of shutting Caltrain after San Francisco supervisors last week declined Continue Reading
Russia is considering whether to adopt a kind of state oil hedging program, similar to Mexico’s oil hedge, to protect government revenues from oil price crashes in the future, Russian Continue Reading
While the equity and oil markets cheered on Tuesday the historic deal that European Union leaders sealed to assist Europe’s recovery from the pandemic, European lawmakers, economists, and climate activists Continue Reading
The coronavirus crisis has put some 300,000 jobs at risk in Germany’s metal and electrical industry, a board member of trade union IG Metall said, adding that employees in the Continue Reading
Sweden and Norway took very different approaches to controlling Covid-19, with the latter swiftly adopting strict lockdown controls and ramping up testing, while the former attempted to combat the virus Continue Reading
Crude oil futures edged lower in mid-morning trade in Asia July 22 after an unexpected build in US crude inventories derailed an overnight rally on COVID-19 vaccine hopes and a Continue Reading
The American Petroleum Institute (API) estimated on Tuesday a build in crude oil inventories of 7.544 million barrels for the week ending July 17. Bulls were disappointed with the news, Continue Reading
Oil climbed to the highest level since early March in London as indications of an economic recovery from the coronavirus pandemic helped drive a rally in commodities. Both Brent and West Continue Reading
Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to March 2020. Continue Reading
Climate change threatens to create turmoil in the financial markets, and the Federal Reserve and other regulators must act to avoid an economic disaster, according to a letter sent on Continue Reading
