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Month: June 2021

Category:
  • Climate
  • Europe

Records crumble in Europe, Russia amid scorching heat wave

As temperatures approach 115 degrees in the Pacific Northwest this weekend, a second regime of top-tier heat will scorch Europe amid a record-breaking heat wave. Monthly records have already fallen as Continue Reading

Posted On : 25 Jun 2021 Published By : Tom Whipple
Category:
  • coronavirus

Long covid: Two million people may have suffered long-haul covid-19 in England, government-backed survey indicates –

Some covid-19 patients say that after their immediate illness subsided, they suffered lingering symptoms for months, including fatigue, insomnia, brain fog and respiratory problems. This has become informally known as Continue Reading

Posted On : 25 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures steady as EIA reports stock draw in line with API

Crude oil futures were steady during the mid-morning trade in Asia June 24 on unchanged fundamentals, with the US Energy Information Administration’s report of a draw in US crude inventories Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Producers on Track to Set $348B Cash Flow Record

The world’s publicly traded independent oil producers will make record profits this year, surpassing the levels reached when crude hit an all-time high near $150 a barrel more than a Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

Oil Edges Higher With Shrinking Stockpiles Tightening Market

Oil edged higher above $73 a barrel in New York as falling stockpiles in the U.S. and China added to bullish sentiment around the global demand recovery. Gasoline inventories in Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil gains as U.S. crude draws, German data boost outlook demand

Oil prices gained for a second day on Thursday after drawdowns in U.S. inventories and accelerating German economic activity bolstered confidence in the fuel demand recovery. Doubts about the future Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Up as Stockpile Drop Shows Tight Market

Oil in London advanced to a fresh two-year high above $75 a barrel, as industry data pointing to another drop in U.S. crude stockpiles reinforced a bullish picture for global Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Finish Higher Amid Overbought Signs

 Oil pared gains with technical indicators showing the commodity is overbought, while traders assessed depleting U.S. stockpiles. Futures in New York closed 0.3% higher on Wednesday with West Texas Intermediate’s Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Oil Climbs Higher On Bullish EIA Data

Oil prices jumped further today after the Energy Information Administration reported a crude oil inventory draw of 7.6 million barrels for the week to June 18. This compared with a Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

The Unintended Consequences Of Punishing Big Oil

The ‘day of reckoning’ for Big Oil, when events at boardrooms and courtrooms issued last month the starkest warning to oil majors’ license to operate yet, was hailed as a Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple

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