Why Pfizer’s FDA Approval Has Been A Boon For Oil Prices
The recent resurgence in Covid-19 infections in many parts of the world led not just to a slump in oil prices but growing pessimism about the prospects of oil demand. Continue Reading
China Reopens Terminal at World’s Third-Busiest Port
The Meishan terminal at China’s second-busiest port reopened Wednesday following a two-week shutdown that further snarled already stressed shipping routes in Asia. The terminal will start the resumption of normal Continue Reading
China’s LNG import surge to cool in winter as high prices bite
China’s liquefied natural gas (LNG) imports are expected to increase at a slower pace in the second half of the year after blistering growth over the first six months, but Continue Reading
BOJ Sees Delta Variant Delaying Recovery More Than Expected
Japan’s economic recovery will be delayed more than previously expected as the delta variant pushes up infections to record levels, according to a Bank of Japan board member. “The current Continue Reading
Biden to Receive Report on Covid-19 Origins, but Challenges Persist in How to Deal With China
A new assessment by U.S. spy agencies of the origins of Covid-19 that was delivered to the White House Tuesday didn’t yield a definitive conclusion on whether the new coronavirus Continue Reading
Oil Sector Imposing Vaccine, Mask Mandates at Rigs, Refineries
Pioneer Natural Resources Co. , the largest oil producer in the Permian Basin, is requiring new hires to be vaccinated against Covid-19 as inoculation and mask mandates proliferate across the Continue Reading
Vaccine Passports Keep Europe Flying While China and the U.S. Slow
The delta variant of Covid-19 is scything through aviation just as key markets were getting back on their feet. In the U.S., Southwest Airlines Co. is blaming the delta strain Continue Reading
COVID jab protection wanes within six months – UK researchers
Protection against COVID-19 offered by two doses of the Pfizer/BioNTech and the Oxford/AstraZeneca coronavirus vaccines begins to fade within six months, underscoring the need for booster shots, according to researchers Continue Reading
Israel’s COVID-19 vaccine boosters show signs of taming Delta
Less than a month into a COVID-19 vaccine booster drive, Israel is seeing signs of an impact on the country’s high infection and severe illness rates fuelled by the fast-spreading Continue Reading
Iron-Ore Prices Tank as China’s Steel Output Slows
One of this year’s hottest commodities is flaming out. The price of iron ore has fallen roughly 40% since mid-July on concerns about demand from China, which makes more than Continue Reading