Early evidence suggests the variant of coronavirus that emerged in the UK may be more deadly, Prime Minister Boris Johnson said. However, there remains huge uncertainty around the numbers – Continue Reading
Prime Minister Boris Johnson had been expected to trumpet a rare success in the campaign against the coronavirus on Friday: news that Britain had vaccinated 5.4 million people. By the Continue Reading
Crude oil futures fell during the mid-morning trade in Asia Jan. 22, as pandemic concerns heightened amid a lack of new drivers. At 10:43 am Singapore time (0243 GMT), the Continue Reading
Physical oil prices firmed in Asia after a flurry of tenders this week, although concerns remain about possible near-term demand weakness after a flare-up in Covid-19 cases across China. While the buying Continue Reading
Oil fell below $53 a barrel on a steadily deteriorating short-term demand outlook and a gain in the dollar that reduced the appeal of commodities priced in the currency. Futures in Continue Reading
Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s Continue Reading
The producers part of the OPEC+ alliance complied with the oil output cuts at 99 percent in December 2020, down from 101 percent compliance in November, sources at the OPEC+ Continue Reading
Global vaccination campaigns and the resumption of international air traffic will support oil prices within $55-$60/b in the near term, but OPEC will be closely watching for clearer signals from Continue Reading
Before it launched the world’s biggest public listing, Saudi Arabian Oil Co. promised potential investors a small piece of a trillion-dollar company with access to unrivaled oil reserves. Not just in Continue Reading
Rare twin suicide bombings struck a market Thursday in central Baghdad, killing at least 32 people and injuring 110 more, according to Iraq’s Health Ministry. The blasts came midmorning as Continue Reading
