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Homecovid

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Commodities

Oil slides, on track for 5% weekly drop amid Delta woes

August 20, 2021 Stu Turley

Oil prices dropped on Friday, on track for a weekly loss of over 5% as new lockdowns in countries facing surging cases of the Delta variant dampened the outlook for fuel demand. Broader investor risk […]

Jason Kenney and Justin Trudeau - Energy News Beat
International News

Trudeau planning snap election, seeks approval for COVID response

August 12, 2021 Stu Turley

Canadian Prime Minister Justin Trudeau is planning a snap election for Sept. 20 to seek voter approval for the government’s costly plans to combat COVID-19, four sources familiar with the matter said on Thursday. Trudeau […]

International News

India’s oil industry struggles to predict when demand will recover

May 28, 2021 Andy Del Prado

Indian energy demand is taking a big hit as Covid-19 runs rampant across the country. But uncertainty around when the virus wave will subside and the lack of a unified government response has left the […]

World Economy - EnergyNewsBeat.com
Commodities

World Economy Risks ‘Dangerously Diverging’ Even as Growth Booms – But what does this mean for Oil?

April 4, 2021 Stu Turley

Energy News Beat Publishers Note: In this article from Bloomberg there are some insightful nuggets regarding oil supply and demand. Recovery for demand is tied to the vaccination rate of the countries population. The supply […]

Rystad Energy - EnergyNewsBeat
Crude Oil News

Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021

March 19, 2021 Stu Turley

The vaccine distribution cycle was not expected to be perfect, but the recent spike in cases in Europe, which some are calling the third wave, is not being met with a brigade of vaccines, but […]

Downstream

Sixty-one new COVID-19 cases were reported at Beaver County’s cracker plant this week, bringing the total number since March to 335

December 12, 2020 Stu Turley

BEAVER COUNTY TIMES: 12 Dec 2020 POTTER TWP. — Coronavirus cases continue to grow at Shell Chemicals’ ethane cracker plant site as COVID-19’s third wave hammers the region. Sixty-one new virus cases were reported at […]

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