Opec (the Organisation of the Petroleum Exporting Countries) says it has not decided whether to extend oil output cuts. Saudi
The UK-Australian mining firm Rio Tinto says Covid-19 may disrupt global supply chains and delay projects in Australia over the
Chinese refineries have cut production by 25 per cent on February 2019 quantities amid weaker demand and labour shortages due
The coronavirus (Covid-19) is upending two fundamental tenets of globalization: flow of people and goods and a booming Chinese economy.
The world’s largest oil exporter, Saudi Arabia, has purportedly cut exports to Eastern Asia for next month in response to
Oil, gas, iron ore and copper prices have tumbled since the coronavirus outbreak in mid-January as Chinese importers refuse deliveries.
Saudi Aramco shares remained stable during January, in contrast to large slumps for other large oil producers who suffered with
US stockpiles of commercial crude oil fell by about 400,000 barrels last week, which analysts said could reverse this week’s