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Month: December 2020

Category:
  • Russia

Moscow starts mass COVID-19 vaccination with its Sputnik V shot

Moscow began distributing the Sputnik V COVID-19 shot via 70 clinics on Saturday, marking Russia’s first mass vaccination against the disease, the city’s coronavirus task force said. The task force Continue Reading

Posted On : 5 Dec 2020 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures rally as uncertainty over OPEC+ production plan eases

Crude oil futures rose during mid-morning trade in Asia Dec. 4, extending overnight gains, as uncertainty over OPEC+ production plan abated after the alliance settled on a compromise deal that Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • Prices

OIL FUTURES: Brent hits nine-month high as OPEC+ commits to partial quota extension

 Oil prices settled higher Dec. 3 after an OPEC+ meeting ended with a compromise deal that would see production rising incrementally after December. Receive daily email alerts, subscriber notes & Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • Prices

Fitch Solutions Raises Oil Price Forecasts

Fitch Solutions Country Risk & Industry Research has increased its Brent oil price forecasts to 2024, the company’s latest oil price outlook has revealed. According to the latest outlook, which Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • Prices

Gas Spread Going Negative Shows Traders Doubting a Cold Winter

A closely watched U.S. natural gas price spread flipped to negative, signaling that traders have all but given up already on the prospect of a cold winter. Gas for January Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • Prices

International Oil Benchmark Weighs Adding U.S. Crude to Mix

Brent crude, the international gauge for oil prices, may be overhauled to reflect the growing importance of U.S. exports in global energy markets. By March 2022, S&P Global Platts is likely Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • Peak Oil

Peak Oil Is Suddenly Upon Us

A year ago, if anyone in the petroleum business had suggested that the moment of Peak Oil  had already passed, they would have been laughed right off the drilling rig. Then Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • IEA

IEA: Pandemic Slows Energy Efficiency Race

Energy efficiency is expected to record this year its weakest progress in a decade, creating additional challenges to the world achieving international climate goals, the International Energy Agency (IEA) said Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • coronavirus

Coronavirus claims 1.5 million lives globally with 10,000 dying each day

Over 1.5 million people have lost their lives due to COVID-19 with one death reported every nine seconds on a weekly average, as vaccinations are set to begin in December Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple
Category:
  • coronavirus

Frozen Covid vaccines can reach developing nations, says DHL

Covid-19 vaccines that need to be deep-frozen during transport can be delivered to developing nations in sub-Saharan Africa, South America and South Asia, according to logistics group DHL. John Pearson, Continue Reading

Posted On : 4 Dec 2020 Published By : Tom Whipple

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