Culled—Proshare April 9, 2020 By NOVA Merchant Bank Key Highlights Fall out of OPEC+ coalition pushed oil prices lower to $31.92/barrel in March, with Q1 20 averaging $50.47/barrel. In March standalone, consumption was at an historic low of 89.4mbpd compared to February level of 95.7mbpd. As a result, the […]
OPINION/EDITORIAL
Oil Price: A Dead Cat Bounce in the Making?
Culled—Proshare April 8, 2020 By CSL Research Amidst weakening global demand for crude and uncertainty over the commitment among OPEC+ producers to extend production cuts, the International Energy Agency (IEA) in its latest forecast expects Brent oil price to average US$33 this year. While this may come as good news […]
Coronavirus and hotel lockdowns: Who foots the bill when hotels are placed under quarantine?
April 8, 2020 Jonathan Lynch – DLA Piper Of Counsel Impenetrable boundaries in hotel lobbies, officials in hazmat gear, and voices over loudspeakers warning hotel guests not to leave their rooms. This isn’t the opening scene from a Hollywood movie, but the real-life scenario that coronavirus COVID-19 is causing in […]
