Tag Archives: Crisis

Beijing has improved its crisis management since the 2003 SARS virus.

Iran could support deeper cuts in crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) if a majority of the members agreed with it.

Chinese oil demand has dropped by about 3 million barrels a day. or 20% of total consumption. as the coronavirus squeezes the economy. according to people with inside knowledge of the country’s energy industry.

Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.

China is the oil market’s primary source of demand growth and measures taken to slow the spread of the coronavirus.

In a statement. European Union External Action announced that the EU’s foreign policy chief will arrive in Tehran on Monday to discuss regional developments and JCPOA with high-ranking Iranian officials.

Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.

The group unveiled a new set of supply curbs just over a month ago.

It is not popular for a pro-OPEC oil analyst to start analyzing the market focusing on demand side.

Business and Energy Secretary Andrea Leadsom gave the go-ahead for Drax to convert its coal-fired units in North Yorkshire to gas generation last October.