Articles
A third of global energy firms 'plan to lay off staff due pandemic'
Regional oil companies are adopting a "wait-and-see" approach to workforce numbers
Oil hovers above $34 on signs of markets rebalancing
China, the world’s biggest importer of oil, is expected to see demand recover to 13 million bpd during the second quarter
US to become LNG swing producer as capacity utilisation declines
Gas prices have been trading in the negative in recent months
Demand for SUVs to remain strong in 2020 despite the pandemic
Sales of light trucks grew by 77% in April and heavier trucks by 20% in the US
Oil prices hold steady as demand picks up and global business reopens
US-China tensions also kept prices above $33 per barrel
Saudi Arabia and Iraq pledge to rebalance the oil markets
Riyadh and Baghdad are Opec's two largest oil producers
Developing zero-carbon energy carriers is a $500bn opportunity
Big Oil is already setting its eyes on capturing the market for high-voltage transmission lines that could change the way clean energy is accessed
Oil rounds off fourth week of gains as supply remains constrained
Chinese demand rebounds to 90% of pre-Covid levels by the end of April
Shell in discussions with Iraq to navigate 'exceptional circumstances'
Oil major evacuated staff from an accommodation site and is currently reviewing plans following the impact of Covid-19 on Iraq's economy
Mubadala expects a U-shaped global economy recovery in 2021 with growth rebounding to 5%
The US shale revolution is far from dead, says the head of the fund's petroleum and petrochemicals division
US oil futures remain above $32 as fears of sub-zero plunge subside
WTI plummeted to as low as -$40 towards the expiry of the May contract last month
Global car sales to drop 15% in 2020 as electric vehicles see uptake, IEA says
India saw no sales of cars in April as strict lockdown measures curtailed movement as well as spending
US oil futures rise above $30 for the first time in two months
Supply cuts and the easing of lockdown measures are exerting upward pressure on prices
Oman crude oil benchmark up 100% following Opec+ supply cuts
In the Middle East, Saudi Arabia – the world’s largest oil exporter – uses the Oman crude price quoted on the Dubai Mercantile Exchange
The worst for the oil markets may be behind us: here's why
The heaviest demand destruction seen in Q1 is over says IEA as lockdown measures continue to be eased
