Oil Futures Down for the Week
Oil fell this week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe. Futures in New York rose the Continue Reading
Bullish Oil News Offset By New Lockdowns In India
Oil demand is finally bouncing back but a new COVID spike in India could threaten the rebound. For more great energy content, make sure you subscribe to the Oilprice youtube Continue Reading
Covid-19 Is Still Raging in Much of the World as Global Cases Hit Record Highs
While hopes are rising that a rapid rollout of Covid-19 vaccines is helping to tame the pandemic in the U.S., in much of the world the virus is still surging. Covid-19 Continue Reading
Nigeria’s Buhari Restores Oil Permits Revoked from China’s Addax
Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec. Buhari “approved the restoration” of the licenses to Addax Petroleum Corp. as Continue Reading
Indian hospitals running out of oxygen as Covid cases hit daily record
Hospitals in India are running dangerously low on oxygen, causing panic among medical workers and raising fears that the country’s death toll from Covid-19 will rise sharply as a surge Continue Reading
India’s daily coronavirus cases climb to new world record as hospitals buckle
India’s coronavirus infections rose by 346,786 overnight, the health ministry said on Saturday, setting a new world record for the third consecutive day, as overwhelmed hospitals in the densely-populated country Continue Reading
The Latest: Pakistan reports highest daily death toll
Pakistan on Saturday reported its highest COVID-19 death toll in a single day. Authorities reported 157 deaths, bringing the overall fatalities to 16,999. A total of 5,908 additional cases pushed Continue Reading
Ravaged by Covid, Brazil Faces a Hunger Epidemic
Rail-thin teenagers hold placards at traffic stops with the word for hunger — fome — in large print. Children, many of whom have been out of school for over a Continue Reading
Biden climate summit shows rivalry with U.S. complicates China’s green push
In September, Chinese leader Xi Jinping won plaudits when he pledged to the United Nations that China would reach carbon neutrality before 2060. Earlier this month, Chinese and U.S. climate envoys Continue Reading
China administered total of 216.08 mln doses of COVID-19 vaccines as of April 23 | Reuters
China administered about 4.86 million vaccinations against COVID-19 on April 23, bringing the total number administered to 216.08 million, according to data released by the National Health Commission on Saturday. Continue Reading