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Month: July 2020

Category:
  • Hydrogen

Hyundai ships 10 XCIENT Fuel Cell heavy-duty truck to Europe for commercial use

Hyundai Motor Company shipped the first 10 units of the Hyundai XCIENT Fuel Cell, the first mass-produced fuel cell heavy-duty truck, to Switzerland. ( Earlier post .) The company plans Continue Reading

Posted On : 7 Jul 2020 Published By : Tom Whipple
Category:
  • Economy
  • Europe

EU forecasts deeper economic hit from pandemic

The European Union’s executive forecasts that the bloc’s economy will contract more than previously expected because of the coronavirus pandemic, which has caused lockdowns on business and public life that Continue Reading

Posted On : 7 Jul 2020 Published By : Tom Whipple
Category:
  • Coal
  • coronavirus
  • Poland

Coronavirus slams Poland’s already-troubled coal industry

The coronavirus has ripped through Poland’s coal mines, where men descend deep underground in tightly packed elevators and work shoulder-to-shoulder to extract the source of 75% of the nation’s electrical Continue Reading

Posted On : 7 Jul 2020 Published By : Tom Whipple
Category:
  • Refining

Oil crash piles pressure on bloated refining sector

Oil refineries are struggling as the worst demand-crash in decades cascades through the industry, leaving plants around the world at risk of closure. Demand for fuel remains depressed and stockpiles are Continue Reading

Posted On : 7 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures mixed awaiting fresh drivers

 Crude oil futures were mixed during mid-morning trade in Asia July 6 as the market awaits for fresh drivers to kick start the week. Not registered? Receive daily email alerts, Continue Reading

Posted On : 6 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Edges Higher With Investors Weighing Supply Against Virus

Oil rose in London to above $43 a barrel as Saudi Arabia hiked its official selling prices, and as global equity markets climbed. Brent gained 1.3% in London to near the Continue Reading

Posted On : 6 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Oil up on tighter supply, expectations for positive data

Oil prices rose on Monday, supported by tighter supplies and a string of data expected to show economic recovery across the globe and despite a spike in coronavirus cases in Continue Reading

Posted On : 6 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

World shares rally to four-week highs as investors bet on China revival

Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings Continue Reading

Posted On : 6 Jul 2020 Published By : Tom Whipple
Category:
  • Prices

Second Covid Wave Could Send Oil Prices Into “Tailspin”

Oil prices hit a four-month high on Thursday, pushed higher by supply restrictions and a global rebound in demand. However, the accelerating spread of the coronavirus across the United States Continue Reading

Posted On : 6 Jul 2020 Published By : Tom Whipple
Category:
  • Economy

Developing World Loses Billions in Money From Migrant Workers

Migrant workers—from Polish farmhands working the fields of southern France to Filipino cruise-ship workers in the Caribbean—who lost their jobs because of the pandemic’s economic impact are running out of Continue Reading

Posted On : 6 Jul 2020 Published By : Tom Whipple

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