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Month: July 2020

Category:
  • Russia

Spate of Raids, Arrests in Russia Spurs Fears of Opposition Crackdown

The recent detention of journalists and critics of Russian President Vladimir Putin is stirring concerns that authorities are launching a new wave of attacks on opposition figures. Since Mr. Putin Continue Reading

Posted On : 17 Jul 2020 Published By : Tom Whipple
Category:
  • p-
  • Russia

Russian Oil Minister: Get Ready for a Significant Uptick In Crude Oil Demand

Global oil demand will recover significantly next month, climbing to be within 10% of the level that the world saw prior to the coronavirus pandemic, Russia Energy Minister Alexander Novak Continue Reading

Posted On : 17 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Falls From Four-Month High After OPEC+ Agrees to Taper Cuts

Oil retreated from its highest close in four months after the OPEC+ alliance confirmed it would start tapering output cuts from next month. Futures in New York dropped below $41 a barrel. Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Crude steadies after overnight gains on lower US inventories, OPEC+ cut easing

Crude oil futures were steady to lower in mid-morning trade in Asia July 16 after a sharp drop in US crude inventories supported prices overnight, even as OPEC+ agreed to Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Jump 2% On Bullish Inventory Data

Oil prices rose nearly 2% on Wednesday after a favorable U.S. inventory report from the Energy Information Administration (EIA), an OPEC agreement to taper the production cuts, and assurances from Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

The Next Big Unknown For Oil Prices

The pandemic is this year’s big unknown for the global oil markets and the global economy. The oil market is unlikely to be completely out of the woods in four Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Population

Researchers Warn Of “Jaw Dropping” Crash In Global Fertility Rate

Researchers at the University of Washington’s Institute for Health Metrics and Evaluation have warned that the planet is not prepared for an ongoing global population crash, and that the impact Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Climate

Oil & Gas Methane Leaks Responsible For Rise In Emissions

Methane leaks from oil and gas production are one of the culprits behind increased methane emissions over the decade from 2007 to 2017, two new studies cited by Reuters have Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • Climate
  • International Oil Companies

Oil giants including Exxon set first joint carbon target

LONDON (Reuters) – A group of the world’s top oil companies, including Saudi Aramco, China’s CNPC and Exxon Mobil, have for the first time set goals to cut their greenhouse Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple
Category:
  • OPEC

OPEC and Russia-Led Oil Alliance Agree to Increase Production

An alliance of crude producers led by Saudi Arabia agreed on Wednesday to increase oil production starting in August, officials in the group said, amid signs that demand is recovering Continue Reading

Posted On : 16 Jul 2020 Published By : Tom Whipple

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