Can The U.S. Convince Saudi Arabia To End The Oil War?
US Secretary of State Michael Pompeo is applying verbal pressure to Saudi Arabia, encouraging the Middle Eastern country who started the oil price war to ?rise to the occasion? and?
Coal's Demise Is Fueling A Wave Of Green Energy Solutions
The slow and painful death of the coal industry is creating some interesting new opportunities for green energy solutions, with industrious capitalists turning?
The Cost Of The Oil Price War Is Growing For Russia
Russia's economy needs about a trillion rubles, or roughly $12.7 billion a month over the next few months to emerge stable from the coronavirus pandemic and the oil price crash?
Schlumberger and Halliburton joined the ranks of oil companies on a spending-cutting spree amid the steep oil price drop. Schlumberger said it would slash its spending by 30 percent?
Mexican Firm Buys 15 Million Barrels From Venezuela In Oil-For-Food Deal
A private Mexican company will buy 15 million barrels of Venezuelan oil under an oil-for-food deal struck with the government in Caracas, the firm, Libre Abordo,?told?Reuters. Earlier this month,?
Rock-bottom prices and predictions of a massive plunge in global oil demand for this year are seeing China buy up record tonnes of Russian oil, temporarily vindicating Moscow as it?
Oil Crash Makes Coal The World's Most Expensive Fossil Fuel
Coal has long been a staple of many of the world's major economies because it's always been cheap and abundant. Despite all the environmental and public health issues?
The American Petroleum Institute (API) estimated on Tuesday a crude oil inventory draw of 1.247 million barrels for the week ending March 21, capturing the period before over half of?
Italy has gone full "Wuhan" with a?massive lockdown across the country?amid a virus crisis that has paralyzed its economy. So far,?63,927 confirmed cases of?COVID-19?had been reported, with 6,077?deaths.
