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European Gas Demand Growth To Crash On 'Lockdown' Fears

European gas demand in 2020 is likely to drop by 0.7 percent compared to our pre-coronavirus forecast, according to Rystad Energy's most likely scenario. Growth will be limited to just?

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Most Of The World's Airlines Could Be Bankrupt By May

Sydney-based consultancy?CAPA Centre for Aviation?warned in a statement on Monday morning that most of the world's airlines will be bankrupt by the end of May.?Airline carriers are suspending routes?

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Senator Calls On Trump To Embargo Russia, OPEC Crude

?We will not be bullied? is the message Senator Kevin Cramer would like President Donald Trump to send to Saudi Arabia and Russia about the unsettled oil markets that the?

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India's Fuel Demand Tumbles 11 Percent

The coronavirus outbreak has restricted travel and slowed down industrial activity in India to the point of reducing overall fuel demand in the country by 10-11 percent in the first?

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Japan Launches Its First Large-Scale Offshore Wind Farm

Moves to unlock the full potential of Japan's offshore wind industry are underway with the announcement of a task force set up to accelerate the sector's development. Ambitions?

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Oil Giant Forced To Furlough 3,500 Workers

Oilfield services major Halliburton will furlough 3,500 employees for two months amid a drive to cut costs in the U.S. shale industry following the oil price rout sparked by the?

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U.S. Oil Prices Tumble 14% As Recession Fears Grow

The benchmark U.S. oil price plunged to its lowest level in 18 years early on Wednesday and Brent Crude dipped below $30 a barrel for a four-year-low, as the worsening?

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Is The Mining Sector Prepared For A Commodity Slump?

The metals and mining sector will be moderately exposed as a result of the ongoing coronavirus outbreak worldwide, said Moody's in its latest report on global sectors based?

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Russia Scrambles To Save Its Economy As Oil Prices Collapse

Russia, hit by falling oil prices and the coronavirus outbreak, has announced the formation of a $4 billion?

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Will The U.S. Ban Short Sellers To Protect Markets?

As markets plummet around the globe, Malaysia, Belgium, France, Italy, and Spain have all banned the short-selling of some stocks to stanch the market bleeding. The bold moves that?

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