Russia recorded more than 400,000 excess deaths from last April to this March during the COVID-19 pandemic, according to Reuters calculations based on data from the state statistics agency published Continue Reading
Crude oil futures were rangebound during mid-morning trade in Asia May 7 as the threat of mutant coronavirus strains from India dampened market sentiment, but a weaker US dollar provided Continue Reading
Oil headed for a second straight weekly advance as investors bet on rising energy demand amid a broad rally in commodities, with robust trade data from China highlighting the strength Continue Reading
Oil declined as the coronavirus crisis in India and a slowing demand rebound in the U.S. highlighted the uneven nature of the global recovery. Futures in New York fell 1.4% Continue Reading
Oil prices settled lower on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from a report a day earlier Continue Reading
We live in a world where words are very carefully chosen. Companies hire public relations firms to give just the right “spin” to what they are saying. Politicians make statements Continue Reading
OPEC and its allies have overproduced their quotas by a cumulative 3.316 million b/d through the end of March, with Russia and Iraq the most egregious offenders, according to an Continue Reading
As the indirect talks between the United States and Iran are making some progress but not major breakthroughs, diplomatic shuttles of U.S. officials and senators in the Middle East in Continue Reading
Insurgents bombed two oil wells at Kirkuk’s Bai Hassan field and killed at least one guard on Wednesday — the latest sign that energy infrastructure remains vulnerable as the self-proclaimed Continue Reading
With coronavirus cases surging to record levels, Indian Prime Minister Narendra Modi is facing growing pressure to impose a harsh nationwide lockdown amid a debate whether restrictions imposed by individual Continue Reading
