Monday, Jun 21, 2021 - 13:29:30
50 results - (0.000 seconds)

global oil demand:

latest news at page 1:
1
    More On: oil BlackRock’s ‘No. 1’ goal in ‘woke’ investing: Huge ESG-funds haul Interior Dept. reportedly will halt Arctic leases sold by Trump How a hedge fund named Engine No. 1 delivered a massive blow to Exxon Mobil Oil drillers and Bitcoin miners bond over natural gas Demand for oil will surpass pre-pandemic levels by the end of next...
    New York (CNN)Global food prices rose for the 12th month in a row in May, up nearly 40% year over year, according to the United Nations' food price index. Average prices are at their highest point in nearly a decade.Last month was also the sharpest monthly rise in average food prices in over a decade, spiking 4.8% from April to...
    FRANKFURT, Germany (AP) — The OPEC oil cartel and allied producing countries have confirmed their plans to return 2.1 million barrels per day of oil output. The move is expected to balance fears that continuing COVID-19 outbreaks in some countries will sap demand against rising demand from recovering economies around the globe. Energy ministers made the decision during an online...
    The Headquarters of the Organisation of the Petroleum Exporting Countries (OPEC) in Vienna, Austria on 17 December, 2018.Beata Zawrzel | NurPhoto | Getty Images LONDON — A group of some of the world's most powerful oil producers will likely agree to continue increasing their output at a meeting on Tuesday, analysts say, as oil prices climb amid growing optimism over...
    By Florence Tan, Olga Yagova and Devika Krishna Kumar Mar 25 (.) – Crude producers in Europe, Africa and the United States faced difficulties selling to Asia, especially China, as buyers received cheaper crude from storage facilities while refinery maintenance has reduced demand industry sources said Thursday. China’s independent refineries, which account for a fifth of the country’s imports, have...
    The increase in global demand rescues the pulse of oil, which is accommodated in the 60 dollars per barrel In full investment fervor for energy transition values. A sign that fossil fuels will still coexist for an indeterminate period with renewable sources. Despite its increasing weight in the energy mix of the entire planet. The rise in the price of...
    Mar 2 (.) – Global oil demand is recovering and could return to pre-pandemic levels next year, the Saudi Aramco chief executive said at an oil and gas conference on Tuesday. Amin Nasser told IHS Markit’s CERAWeek online conference that global oil demand is likely to rebound from the second half of the year and could reach 99 million barrels...
    VIDEO2:1002:10Oil prices could rise $5-$10 per barrel from current levels: JPMorganStreet Signs Asia SINGAPORE — JPMorgan says crude prices could see further upside ahead as oil continues to see strong gains so far this year. It comes against the backdrop of an improving global outlook as major economies press ahead with their ongoing coronavirus vaccination campaigns. "I think there's room...
    Texas weather: Power grid improves after days of outages causing heat, water and food shortages Vatican says workers refusing vaccines may be fired (Bloomberg) -- Oil switched between gains and losses after a U.S. government report showed domestic crude inventories fell ahead of a sharp reduction in output due to a cold blast sweeping parts of the country. Load...
    London (CNN Business)After a rocky 12 months, oil prices — which got crushed when Covid-19 slashed demand for energy around the world — are roaring back.What's happening: Brent crude futures, the global benchmark, have breached $60 per barrel, their highest level since January 2020. The immediate catalyst appeared to be weekend remarks from President Joe Biden that the United States...
    Election turmoil splits West Virginia citys evangelicals Japan pledges safe Olympics, medical experts arent so sure Brent Oil Extends Advance Toward $60 on Tightening Global Market (Bloomberg) -- Oil advanced near $60 a barrel as global supplies tighten and the demand outlook improves with the rollout of Covid-19 vaccines. Load Error Futures in London rose 0.9% after capping...
    Many who lost jobs due to Covid-19 have found higher-paying positions Pennsylvanias Democratic lt. governor files to run for Senate Oil Climbs Within Sight of $60 With Global Supplies Tightening (Bloomberg) -- Oil rose toward $60 a barrel in London as global supplies tighten while the demand outlook improves with the roll-out of coronavirus vaccines. Load Error Brent...
    Ex-Quins boss Gustard appointed Treviso defence coach This State Has the Worst Drivers in America Oil Rises to Trade Near $53 as Tighter Supply Allays Demand Fear (Bloomberg) -- Oil rose to trade near $53 a barrel in New York as concerns over the pandemic’s latest hit to demand were tempered by signs of tighter global supply. Futures in...
    These bugs have been underground for 17 years. This year, theyll resurface in 15 states. Malaysias opposition leader challenges PM over parliament suspension Oil Steady Near $53 as Demand Fears Mingle With Tighter Supply (Bloomberg) -- Oil traded near $53 a barrel in New York as concerns over the pandemic’s latest hit to demand were tempered by signs of...
    KSW 58: Featherweight title clash headlines eight-fight card in Lodz Secret, off-the-menu items to order at popular restaurants Oil Slips Toward $52 as Virus Woes Loom Over Tightening Supply (Bloomberg) -- Oil edged lower toward $52 a barrel as a resurgent Covid-19 outbreak in some regions and a slow roll-out of vaccinations weighed on the demand outlook, offsetting tightening...
    Tennis-Kyrgios out of Australian ATP Cup team as world ranking slips 15 things that will cost more in 2021 Goldman Sees Surprise Saudi Cut as Signal Oil Demand to Weaken (Bloomberg) -- Saudi Arabia’s decision to cut oil production probably reflects expectations for demand to weaken further as coronavirus lockdowns return around the world, according to Goldman Sachs Group...
    Coronavirus updates: Pence gets vaccinated; Moderna vaccine awaits FDA authorization; Southern California ICU capacity at 0% The New York Times says there were significant falsehoods at the center of its blockbuster ISIS podcast Caliphate Oil prices on track for 7th straight weekly rise © Apu Gomes/Agence France-Presse/Getty Images FUTURES MOVERS Load Error Oil futures rose on Friday, on...
    London (CNN Business)Saudi Arabia, Russia and other oil producing countries have agreed to start tentatively increasing output next month even as the coronavirus pandemic continues to cloud the outlook for demand.The Organization of Petroleum Exporting Countries said on Thursday that existing production curbs would be relaxed slightly from January 1 by members of the OPEC+ alliance. "Beginning in January 2021,...
    A coronavirus vaccine is “unlikely to ride to the rescue” of the global oil market until sometime next year, the International Energy Agency says. The intergovernmental body reduced its forecast for worldwide oil demand Thursday, saying a surge in COVID-19 infections in the US and Europe and the attendant lockdowns will put renewed pressure on the industry. While Pfizer’s strides...
    A worker wrestles a stand of drill pipe into place on a drilling rig near Midland, Texas.Nick Oxford | Reuters Top energy chief executives say oil demand will recover next year, but they expect volatility to remain elevated, as the industry emerges from the reckoning of the coronavirus pandemic.  "We face a lot of uncertainty," Total CEO Patrick Pouyanne told...
    Daryl Morey on Hong Kong tweet: I believe in ‘using this platform to push things that are important’ How to Steep the Perfect Cup of Tea Every Time Oil Climbs With Russia in Talks on Delaying OPEC+ Output Hike (Bloomberg) -- Oil rose the most in more than three weeks as Russian producers met with Energy Minister Alexander Novak...
    Why this bus tours the South to get disenfranchised voters to the polls The Best Ramen in Every State Oil Climbs as Russia Mulls Option of Delaying OPEC+ Cuts Taper (Bloomberg) -- Crude advanced as Russian oil companies met with Energy Minister Alexander Novak to discuss the possibility of delaying an easing of OPEC+ output cuts by three months....
    LONDON (AP) — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand. The London-based oil company said Tuesday that profits, excluding one-time items and changes in the value of inventories, dropped to $86 million from $2.25 billion in the same period last year. Underlying replacement cost results rebounded from the second quarter when...
    LONDON – BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand. The London-based oil company said Tuesday that profits, excluding one-time items and changes in the value of inventories, dropped to $86 million from $2.25 billion in the same period last year. Underlying replacement cost results rebounded from the second quarter when BP...
    By Noah Browning LONDON (Reuters) - A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday. In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023, the IEA, which advises Western governments...
    Authorities investigating large religious event in Nashville with maskless crowds Best sales in October on home goods, appliances, tech and more. IEA Sees Oil Demand Suffering Long-Lasting Blow From Coronavirus (Bloomberg) -- The oil market will suffer a long-lasting blow from the coronavirus, with demand taking years to recover and peaking at a lower level, the International Energy Agency...
    The world will continue to use more oil through this decade, despite the pandemic that has slowed down travel and altered how people live and work. A new outlook released on Tuesday by the International Energy Agency offers a stark contrast to many in the energy industry who see “peak oil” use as a much nearer possibility. Just last month,...
    A discarded face mask is pictured near an oil pump in Long Beach, California on August 22, 2020.APU GOMES | AFP via Getty Images LONDON — OPEC on Thursday said it had downwardly revised its forecast for global oil demand growth over the long term, given the industry faced "an existential threat" this year in the wake of the coronavirus...
    VIDEO2:3202:32Global oil demand to contract by 8 million barrels a day by end-2020: S&P Global PlattsCapital Connection SINGAPORE — The next big shock to the oil industry could be yet another hit to demand, analysts said. That would add to the destruction already seen this year as measures taken to combat the pandemic prevented people from commuting and traveling –...
    Western wildfires: Trump to visit with firefighters 10 Flavorful Marinades that Keep Chicken Dinners Interesting Is OPEC’s Power Over the Oil Market Broken? (Bloomberg Opinion) -- This week marks the 60th anniversary of OPEC, the cartel of major oil exporters that has, at times, held sway over the oil markets. It is a good time to ask: Is it still...
    London (CNN Business)Demand for oil may have peaked last year, according to BP, which says the global market for crude might never recover from the coronavirus pandemic. In a new report published on Monday, the company lays out three scenarios for energy demand, all of which forecast a decline in demand for oil over the next 30 years. The scale...
    Western wildfires: Trump to visit with firefighters Winter is coming, bringing a new challenge to already-struggling restaurants OPEC Sees Weaker Outlook as Demand Falters, Shale Recovers (Bloomberg) -- OPEC downgraded its outlook for the global oil market a few days before ministers meet, amid faltering demand and signs of a recovery in supply from U.S. shale drillers. © Bloomberg...
    A oil tanker goods train passes towards Nizamuddin Railway Station near Ashram in New Delhi on July 30, 2020.Mayank Makhija | NurPhoto via Getty Images LONDON — OPEC has cut its forecast for oil demand growth this year, citing a weaker-than-expected recovery in India and other Asian countries, and warned risks remain "elevated and skewed to the downside" for the first half...
    Teachers in at least five states have died with coronavirus since fall semester started New York City is allowing indoor dining to reopen at 25% capacity, but experts say it isnt enough to save restaurants Oil Falls With Growing U.S. Crude Supplies and Fuel Demand Fears (Bloomberg) -- Oil resumed its trek downward after U.S. government data showed growing...
    Raging wildfires destroy Washington town, roar through California, Oregon 16 Beloved Restaurants Only 70s Kids Will Remember Crude oil is getting crushed as demand fears resurface Demand fears are once again rippling through the oil patch. © Kirby Lee/AP Dylan Stewart wears a rubber glove to pump gas at Costco Wholesale store gasoline station amid the global...
    New York (CNN Business)Demand fears are once again rippling through the oil patch. US oil prices plummeted 9% Tuesday, their worst day since mid-May. Oil dropped to a low of $36.13 a barrel, the weakest level in nearly three months. Brent crude, the world benchmark, fell below $40 a barrel for the first time since late June.The fierce selling in...
    London (CNN Business)The coronavirus pandemic is upending the energy industry and pushing its top players to make big changes. That includes Saudi Aramco, the world's largest and most profitable oil producer.The dramatic crash in prices this year is weighing on Saudi Arabia's state oil giant, which relies on pumping crude to generate the cash it needs to pay dividends to...
    Louisiana oil and gas leaders are asking for federal help to get through the worst downturn the state’s industry has seen since the 1980s. In April, an oversupply of oil combined with crashing demand amid the COVID-19 pandemic briefly pushed U.S. oil prices into negative territory for the first time ever. Traders were willing to pay to get rid...
    Man Uniteds Solskjaer faces old teammate in Europa League Stock Up On Summer Beauty Essentials During Dermstore’s Anniversary Sale Does BPs conversion signal the end of Big Oil? The plunge in oil demand caused by the pandemic won't fix the climate crisis. But it could force the oil industry to accelerate a shift away from fossil fuels as...
    By Ahmad Ghaddar LONDON, Jul 30 (.) – Oil prices fell on Thursday as rising numbers of coronavirus infections around the world threatened to jeopardize a recovery in fuel demand, as large producers they are preparing to lift the cuttings when pumping. * Brent’s busiest contract, delivered in October, was down 75 cents, or 1.7%, at $ 43.34 a barrel...
    WATCH LIVE: NHL Return to Play conference previews What is attachment parenting? Oil Musters Weekly Gain With Weak Dollar Outweighing Demand Woes (Bloomberg) -- Oil edged higher with a weaker dollar overshadowing signs of a slowing global economic recovery. Load Error U.S. crude futures flipped between gains and losses during Friday’s session, eventually closing higher and posting...
    Vikings owners reportedly not “actively pursuing” Timberwolves, so who is? This Plant That Looks Like Jumping Goldfish—Learn How to Grow and Care for One at Home Oil Fluctuates Near $41 Amid Conflicting Signs on Global Economy (Bloomberg) -- Oil swung between gains and losses as deteriorating U.S.-China relations cast doubt over the strength of the demand recovery, but European...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City By Ahmad Ghaddar, Stephanie Kelly and Laura Sanicola Surges in coronavirus infections are slowing a recovery in fuel use from the doldrums of lockdowns in the United States and other countries, raising concern it could be years before consumption rebounds from...
    Youre going to get ... whooped: Virginia police investigate video of stop with Black motorist A new survey finds hundreds of McDonalds workers have been assaulted by anti-mask customers, as mandatory masks become the norm Oil futures end lower, pressured by global stock market losses and demand uncertainty MARKET PULSE Oil futures ended lower on Thursday, with losses in...
    Jonathan Griz got back in the winners circle at North & South Junior Before You Cut Your Own Hair, Read These Tips from Celebrity Stylists UPDATE 2-OPEC sees oil demand soaring in 2021 but still below 2019 * Demand will jump if no downside risks Load Error * OPEC sees its crude covering bulk of demand rise *...
1