There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12 put an end to the oil price war May 4, 2020 By NJ Ayuk, Executive Chairman of the African Energy Chamber Stunning drops in crude oil prices—the result of COVID-19-related […]
OPINION/EDITORIAL
Coronavirus May Slow but Won’t Derail Low-Carbon Transition
April 29, 2020/Fitch Ratings The coronavirus pandemic may slow the low-carbon transition, but its short-term fallout will not be a serious setback, Fitch Ratings says in a new report. We do not expect any change in the trajectory of the transition. Some green initiatives could face delays. EMEA auto producers, […]
A Rare Week Of Optimism For Oil Markets
May 1, 2020/OilPrice.com Oil markets are on course to see their first weekly gain in over a month as the OPEC+ production cut comes into effect and a wave of shut-ins hit the shale patch. Friday, May 1st, 2020 Oil is set to post its first weekly gain in more […]
