Indian consumers’ confidence is plumbing new lows, adding to a string of grim data in an economy clobbered by the world’s worst coronavirus outbreak. The current situation index fell to Continue Reading
Ecuador’s state-owned Petroecuador has declared force majeure at Campo Eden Yuturi, a highly strategic field located in Block 12 in eastern Orellana province, saying blockades by an indigenous community have Continue Reading
U.S. Adds 559,000 Jobs in May, Short of Estimates U.S. job growth picked up in May — along with worker pay — and the unemployment rate fell, signaling firms are Continue Reading
U.S. employers boosted hiring in May, but not enough for the labor market to keep pace with an overall economy that is heating up as the pandemic continues to ease. Payrolls grew Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States fell this week, bringing the total rig count to 456—still a more than Continue Reading
Spot power and gas prices in the Central and Northeast regions jumped notably June 4 as a warm spell was forecast to move into the region. Spot power prices in Continue Reading
Russia’s Nord Stream 2 gas pipeline is ready to start pumping gas to Germany and the final stretch will be completed as the new U.S. administration seeks good relations with Continue Reading
Health teams have been carrying out surge testing in Dewsbury, as well as other towns where the Indian variant is spreading The number of people infected with coronavirus in the Continue Reading
Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May, Russian Deputy Prime Minister Alexander Novak said on Friday. “It will be Continue Reading
Igor Sechin, the head of Russian oil major Rosneft, said on Saturday the world was facing an acute shortage of oil due to underinvestments amid a drive for alternative energy. Continue Reading
