Market speculations, not actual demand, sank Russian oil to 20-year lows
Posted On Sunday, April 5, 2020 By Russian Opinion. Under Economy Tags: 20year, demand, lows, Market, real, Russian, sank, Speculations
The swings within the oil market are primarily brought on by the coronavirus pandemic and the dearth of a deal between the OPEC and main exporters of crude. Nonetheless, some analysts consider that there are extra elements behind the market rout. ...
The worldwide financial slowdown has triggered oil costs to fall to the bottom since 2002, with Brent crude sliding greater than seven % on Monday to simply $ 22 a barrel. The business is going through its largest demand drop in historical past. ...
Crude costs hit new multi-year lows as they continued to plunge on Wednesday amid fears that the coronavirus outbreak and containment measures may set off a worldwide recession. ...
European soccer’s governing physique will reportedly demand round £275 million ($ 336mn) in compensation to postpone the EURO 2020 event till June 2021 because of the coronavirus outbreak. ...
The US is dropping the much-hyped indictment for ‘election meddling’ towards an organization supposedly behind the so-called Russian troll farm, closing the opening chapter of particular counsel Robert Mueller’s Russiagate investigation. ...
Oil costs may bounce round between $ 50 and $ 70 by way of 2025, with each demand progress and provide progress slowing, based on a brand new report. ...
Rich vacationers caught inside or exterior of China because of the lethal coronavirus outbreak have been searching for non-public jet operators to rearrange their flights regardless of the large prices. ...
The Worldwide Vitality Company (IEA) has lower its 2020 progress forecast, saying that international power demand goes to fall to the bottom stage since 2011, having been hit onerous by the coronavirus outbreak. ...
Democrats are calling on Twitter and Fb to take down an edited video of Home Speaker Nancy Pelosi, D-Calif., ripping up the State of the Union handle -- claiming it's designed to “mislead” folks. “The most recent faux video of Speaker Pelosi is intentionally designed to mislead and misinform the ...
India, the second-largest gold client globally, is predicted to see rising demand for the valuable steel this yr within the vary of 700-800 tons, up from 690 tons in 2019. ...
