Surge In Coronavirus Cases Sparks Concerns About Demand Recovery
A surge in new cases in parts of the world and a resurgence of the coronavirus in places that had thought they’d beat it are leading to renewed lockdowns and Continue Reading
Iraq draws electricity from oil projects to help failing power grid
Iraq has struck deals with oil field operators and state-run companies to augment the national power grid and help stave off further protests prompted by recent blackouts. Significant power outages Continue Reading
Why Mexico Is Pushing (to Slow Down) Clean Energy: QuickTake
When a fight erupts between a populist head of state and the business community over renewable energy, you might expect the leader to take the green side of the debate. Continue Reading
India coronavirus deaths: Mystery surrounds death toll as India surpasses 1 million cases
As the coronavirus pandemic accelerates in the world’s second-most-populous nation, India has crossed a once-unthinkable threshold: 1 million confirmed cases, joining the United States and Brazil in a club no Continue Reading
Is China’s Oil Buying Spree Over?
Crude oil purchases by China appear to be hitting the brakes in July after record purchases in May for loadings in June, with analysts now concerned that the buying spree Continue Reading
U.S. Wages Just Jumped the Most Ever. But It’s Horrible News
The median weekly earnings of full-time workers in America jumped more than 10% in the second quarter from a year earlier, the U.S. Bureau of Labor Statistics reported today. The data Continue Reading
Stress rises for unemployed as extra $600 benefit nears end
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic Continue Reading
Jobs Recovery Shows Signs of Slowing as Coronavirus Surges
Black unemployment has historically been higher than white unemployment in the U.S. This gap was narrowing before the coronavirus pandemic. But with unemployment hitting record highs across the board, Black Continue Reading
U.S. Oil Rig Count Falls For Nineteenth Straight Week
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week, by 5, to 253, marking the nineteenth straight loss in Continue Reading
New York to add thousands of EV chargers, markets eye load shape impact | S&P Global Platts
New York’s recently announced “EV Make Ready” initiative to expand electric vehicle use by supporting over 50,000 level 2 charging plugs and 1,500 public direct current fast charger stations in Continue Reading