Oil markets need a stronger fix as US looks to broker deal between Moscow and Riyadh
April 04, 2020
Oil markets would require stronger output curbs than the caps suggested in February should the Opec+ alliance agree new cuts to counter the rout in markets driven by the coronavirus pandemic.
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Oil markets need a stronger fix as US looks to broker deal between Moscow and Riyadh
April 04, 2020
Oil markets would require stronger output curbs than the caps suggested in February should the Opec+ alliance agree new cuts to counter the rout in markets driven by the coronavirus pandemic.
Read Article
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India Stores Cheap Oil at Sea While Onshore Tanks 100% Full
April 04, 2020
Indian refiners are taking advantage of cheap oil to bulk up its supplies even as every corner of the nation’s onshore storage tanks fill to the brim, according to Oil Minister Dharmendra Pradhan.
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Factbox: Crude rallies as Saudis call for 'urgent' OPEC+ meeting on output
April 02, 2020
Crude prices rallied 25% Thursday after Saudi Arabia called for an "urgent meeting" of the OPEC+ alliance and other producers to negotiate an output cut deal.
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Saudi airlines seen suffering sharpest losses in Middle East on travel restrictions: IATA
April 02, 2020
Saudi airlines are forecast to suffer the most among their Middle East peers due to travel restrictions caused by the corona pandemic, but the biggest impact on GDP and jobs will be in the UAE, the International Air Transport Association...
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Half of All Jobs in Africa Imperiled by Virus Fallout
April 02, 2020
Africa may be two to three weeks away from the height of a coronavirus outbreak, but its impact is already wreaking havoc on the production and movement of goods and raw materials in, out and around the continent.
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Oil refiners face reckoning as demand plummets
April 02, 2020
The global oil refining industry is facing a reckoning from falling fuel demand that is the deepest and fastest ever.
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Oil refiners face reckoning as demand plummets
April 02, 2020
The global oil refining industry is facing a reckoning from falling fuel demand that is the deepest and fastest ever.
Read Article
+
Saudi airlines seen suffering sharpest losses in Middle East on travel restrictions: IATA
April 02, 2020
Saudi airlines are forecast to suffer the most among their Middle East peers due to travel restrictions caused by the corona pandemic, but the biggest impact on GDP and jobs will be in the UAE, the International Air Transport Association...
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Half of All Jobs in Africa Imperiled by Virus Fallout
April 02, 2020
Africa may be two to three weeks away from the height of a coronavirus outbreak, but its impact is already wreaking havoc on the production and movement of goods and raw materials in, out and around the continent.
Read Article
+