Tag Archives: Bloomberg News Agency

The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.

The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.

India’s economy slowed to a more than six-year low in the final three months of last year. and it now faces a fresh threat from the coronavirus outbreak.

Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.

The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge. Interior Secretary David Bernhardt said.

Oil traders will remain hard to convince that producers are doing enough.

Natural gas is like the e-cigarette of fossil fuels.

The U.S. will sell up to 12 MMbbl of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.

The U.S. will sell up to 12 MMbbl of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.

Gulf economies will grow at a slower pace than estimated this year as the coronavirus hurts oil demand. trade and tourism. Standard Chartered PLC said.