Tag Archives: Bloomberg News Agency

A five-day rally in oil prices ended as investors found new reasons to worry about how fuel demand will be affected by the impact of Asia’s deadly coronavirus.

The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.

The lack of deeper improvements in the global economic system is hindering what’s already an anemic outlook for growth. especially as the shock caused by the coronavirus.

Air pollution from burning fossil fuels is generating economic losses of $8 billion a day. according to a Greenpeace report.

It’s going to be a very long delay. because Russia doesn’t have the technology.

China’s own oil consumption is down sharply as factories stay closed and travel restrictions remain in place.

Oil rose for a third session. the longest winning streak since early January. after the World Heath Organization rekindled optimism that the coronavirus outbreak could be abating.

Amazon.com Inc.’s founder and chief executive officer disposed of 2 million shares in the past week. collecting more than $4 billion.

Renault SA moved to reassure investors by dangling the prospect of cost cuts and assets sales after posting its first annual loss in a decade.

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.