Deutsche Bank now expects a slight contraction in the fourth quarter. and cast doubt on the prospect of any rebound at the start of 2020.
Read More »Boeing Monthly Orders Fall to Zero for Second Time in Max Crisis
Boeing Co. failed to sell any commercial planes in January. extending a slump that has strained the company’s finances since two deadly crashes grounded the best-selling 737 Max last year.
Read More »Germany Is One of the Biggest Brexit Losers
Without the U.K.. Germany is pushed into an EU role it hates. It loses a liberal soulmate. a counterweight to France. above all a counterweight to itself.
Read More »BP’s Carbon-Neutral Pledge Puts Pressure on Exxon. Chevron
Exxon and Chevron both agree with the goals of the Paris Agreement.
Read More »Gazprom Enters New Era with Pledge for more Generous Dividends
To mitigate potential market risks. Gazprom has set aside 676.5bn roubles ($10.7bn) in its budget for this year.
Read More »Russia`s Lukoil Support Further OPEC+ Cuts
OPEC+ is still waiting for Russia to clarify its position on deeper oil output cuts.
Read More »Traders Consider Oil Storage at Sea as Virus Slows Demand
Three of the world’s largest oil traders are seeking to store crude on tankers at sea as the industry tries to deal with a glut that’s emerged since the outbreak of the coronavirus in China.
Read More »Oil Heads for Fifth Weekly Loss as Demand Concerns Dominate
The U.S. is preparing to step up enforcement of international rules limiting sulfur in ship fuel.
Read More »Saudi Aramco Cuts Its Prices for Asia
Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.
Read More »OPEC Needs to Cut a New Deal and Fast
China is. by far. the biggest market for OPEC+ crude exports. with the big Arabian Gulf producers particularly vulnerable.
Read More »