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Month: March 2021

Category:
  • Oil Supply

Texans dealing with gas shortages similar to Carter-era gas lines

In parts of Texas where Texas are not dealing with crippling cold temperatures and power outages, many are dealing with gas stations that have no gas. They also have long Continue Reading

Posted On : 27 Mar 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Germany

Germany warns third coronavirus wave could be the worst so far

Germany’s third wave of the coronavirus could be the worst so far and 100,000 new daily infections is not out of the question, the head of the Robert Koch Institute Continue Reading

Posted On : 27 Mar 2021 Published By : Tom Whipple
Category:
  • coronavirus
  • Europe

Europe warns hospitals at ‘breaking point’ as third Covid wave hits

European governments have warned that their hospitals are at risk of being overwhelmed by Covid-19 cases as leaders struggle to get a grip on the pandemic after a week of Continue Reading

Posted On : 27 Mar 2021 Published By : Tom Whipple
Category:
  • Nord Stream

Gazprom: Nord Stream 2 Construction To Be Completed In 2021

The controversial Nord Stream 2 natural gas pipeline project will definitely be completed this year, Viktor Zubkov, chairman of the board of directors of Russia’s gas giant Gazprom, said on Continue Reading

Posted On : 27 Mar 2021 Published By : Tom Whipple
Category:
  • Air Lines
  • France

Air France Is Said to Be Near Deal for State Rescue Plan

The French government is close to finalizing a recapitalization plan for Air France after addressing some antitrust concerns raised by the European Commission, according to people familiar with the matter. The multi-billion-euro Continue Reading

Posted On : 27 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures rise on Suez Canal blockage, market mulls OPEC+ meeting

Crude oil futures rose during mid-morning trade in Asia March 26, as the market braced for the possibility that the Suez Canal may remain blocked by the stuck Ever Given Continue Reading

Posted On : 26 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Resumes Advance in Volatile Week With Suez Ship Still Stuck

Oil resumed gains as investors weighed the implications of a massive container ship still stuck in the Suez Canal after a volatile few days that that saw prices swing wildly Continue Reading

Posted On : 26 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise 2% on fears Suez blockage may last weeks

Oil prices reversed a sharp sell-off a day earlier to rise about 2% on Friday on mounting fears that it could take weeks to dislodge a giant container ship blocking Continue Reading

Posted On : 26 Mar 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Fail to Get Boost from Blocked Suez

 Oil dropped as a strengthening dollar and mounting lockdowns in Europe blunted the potential impact of crude cargoes backing up outside the blocked Suez Canal. Futures fell 4.3% in New Continue Reading

Posted On : 26 Mar 2021 Published By : Tom Whipple
Category:
  • Iran
  • Israel

Israeli-owned container ship Lori ‘attacked’ in the Arabian Sea: source

Lori, an Israeli-owned container ship, was attacked in the Arabian Sea on March 25, and is currently heading to India, where its damage will be assessed, a source close to Continue Reading

Posted On : 26 Mar 2021 Published By : Tom Whipple

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