Germany reported its second-highest daily virus infections since the start of the month, while Austria’s chancellor is among those demanding a European Union summit over the distribution of vaccines. The Continue Reading
Crude oil futures were rangebound, with a slight downward bias, during mid-morning trade in Asia March 12, as further upside was limited after the overnight rally. At 10:49 am Singapore Continue Reading
Oil rose the most in almost a week alongside a broader market rally as signs emerged that a recovery in fuel consumption is gaining traction. Futures in New York climbed Continue Reading
If there has ever been a misleading headline, it has to be the one above, at least according to European carmakers. Hydrogen cars, they say, are not a viable alternative Continue Reading
Over the next five years, oil and gas companies will definitely see less investment as the world’s biggest institutional investors are increasingly looking at the environmental credentials of the companies Continue Reading
When OPEC+ unveiled its bold move to tighten crude markets last week, the oil world was united in surprise. But on the merits of the plan, it’s starkly divided. The shock decision, Continue Reading
Global oil demand will rebound strongly in the second half of 2021, but the call on OPEC crude will be lower than previously expected, the producer group’s latest analysis showed, Continue Reading
When OPEC+ unveiled its bold move to tighten crude markets last week, the oil world was united in surprise. But on the merits of the plan, it’s starkly divided. The shock decision, Continue Reading
The head of the U.N. food agency warned after a visit to Yemen that his underfunded organization may be forced to seek hundreds of millions of dollars in private donations Continue Reading
Israel has targeted at least a dozen vessels bound for Syria and mostly carrying Iranian oil out of concern that petroleum profits are funding extremism in the Middle East, U.S. Continue Reading
