Article Archive | Page 720

Feb 28, 2020 at 17:05

In my last article, Are Oil Markets Overreacting To The Coronavirus?, I warned of the power of media hype when it comes to epidemics. The human brain has a…

Feb 28, 2020 at 17:05

The amount of research being done into better batteries for electric cars is perhaps the clearest indication of how high the stakes are in the car world. Breakthrough after breakthrough…

Feb 28, 2020 at 17:00

On January 10, 2020 Qaboos bin Said, the Sultan of Oman passed away, leaving no heir. The official Omani legal statute would have provided the extended royal family 3 days…

Feb 28, 2020 at 16:54

Hydrogen is often hailed as a silver bullet solution to emissions-free fuel since it burns clean, leaving nothing but water vapor, but the reality of using and producing green hydrogen…

Feb 28, 2020 at 16:53

Last week Jeff Bezos, founder, president and CEO of Amazon — and the world’s richest person — announced in an Instagram post that he would commit $10 billion toward fighting…

Feb 28, 2020 at 16:34

As the World Health Organization on Friday upgraded its global risk assessment for the coronavirus to “very high”, anxious oil markets are wondering when might be a good time to…

Feb 28, 2020 at 12:14

As fears of the coronavirus outbreak reaching pandemic levels continue to spread, markets have taken a beating. Investors are panic selling and nearly every sector is plummeting. 

Feb 28, 2020 at 12:14

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to 790, with the total oil and gas rigs clocking in…

Feb 28, 2020 at 11:00

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures hit multi-year lows on Friday and were set for their steepest weekly decline in more than four years as the…

Feb 28, 2020 at 10:59

1. China tries to restart its economy- China has begun to clear a backlog of…

Feb 28, 2020 at 10:58

Market Movers - Saudi Arabia is trying to pull out all the stops, so media reports say, citing anonymous sources, upping the ante for OPEC members by asking them to…

Feb 28, 2020 at 10:56

Oil is set for its worst week since the financial crisis. I will freely admit that that has taken me somewhat by surprise, but then as a logical person, illogical…

Feb 28, 2020 at 10:54

Gulf Oil Money: The Significant Fade-Away Gulf money is everywhere, but it won’t last, and nor will the reputations of the nations who hold it. The Saudi Crown Prince is…

Feb 28, 2020 at 09:55

Oil prices sank for a sixth consecutive day early on Friday and were on track for their biggest weekly drop in more than four years as the coronavirus outbreak continues…

Feb 28, 2020 at 09:19

Faced with a slump in demand and plunging oil prices, OPEC’s top producer and de facto leader Saudi Arabia is asking members of the OPEC+ group to consider an additional…

Feb 27, 2020 at 16:23

The market meltdown continued on Thursday, with stocks across the board in retreat. Oil prices were down more than 4 percent in early trading, falling to their lowest levels…

Feb 27, 2020 at 15:55

If you’re waiting for natural gas prices to recover, you might be in for a considerable wait, as inventories are expected to hover well above their five…

Feb 27, 2020 at 15:18

With a fiscal breakeven oil price of just over US$87 per barrel (pb) of Brent this year, around 85 per cent of its revenues still coming from the hydrocarbons sector,…

Feb 27, 2020 at 15:14

The coronavirus that has killed more than 2,500 people since the outbreak started in December last year has also slashed China’s CO2 emissions by as much as a quarter,…

Feb 27, 2020 at 13:01

Nuclear fusion has been seen as the unattainable holy grail of clean energy for decades, but just in the last year it’s been seeming more and more within reach. As…