Oil hits highest level in one year
Oil prices hit its highest in a year on Friday, closing in on $60 a barrel, supported by economic revival hopes and supply curbs by producer group OPEC and its allies.
Researchers discover an immense hydrocarbons cycle in the world’s ocean
Hydrocarbons and petroleum are almost synonymous in environmental science.
Russia approved a safe and effective coronavirus vaccine
Russia's coronavirus vaccine, called Sputnik V, is 91.6% effective at preventing symptomatic COVID-19, according to a peer-reviewed analysis published Tuesday.
Greenland is careening toward a critical tipping point for ice loss
The Greenland Ice Sheet is one of the largest ice sheets in the world.
Tighter Oil Markets Send Oil Prices Higher
Oil prices rose early on Monday, supported by a risk-on sentiment on the equity markets and expectations that the oil production curbs by OPEC+
EIA: Global Oil Consumption Crashed By 9% In 2020
Global consumption of petroleum and other liquid fuels crashed by 9 percent to 92.2 million barrels per day (bpd) in 2020, the U.S. Energy Information Administration (EIA) said.
Biden national security adviser suggests fast timeline to rejoin Iran deal
President Biden is eyeing an urgent restoration of the international nuclear deal with Iran as a first step to deal with a range of threats from that country.
Gold Price Prediction, Prices are Poised to Move as Volatility Contracts
Economic data from Germany and the U.S will influence. Expect the FED and news updates from Capitol Hill to be key, however. COVID-19 news will also need tracking
Global economy to grow 5.5 per cent in 2021 after 3.5 per cent contraction in 2020, IMF forecasts
China’s economy seen growing 8.1 percent in 2021 as recovery continues, while the US could rebound to 4.3 percent growth, according to the International Monetary Fund (IMF)
China No. 1 Destination For Foreign Investment
China passes the U.S. as No. 1 destination for foreign investment as coronavirus upends the global economy. As the world struggled to contain the coronavirus crisis.