Oil The oil market in crisis Wood Mackenzie, March 18, 2020 What’s the oil price, how will this impact production and supply, and what does it mean for the upstream sector as a whole?   The coronavirus outbreak has derailed OPEC+, thrown the oil market into turmoil and sent an already unloved sector into freefall. Here we address some of the … read more

Oil China refuses oil from Russian companies hit by U.S. sanctions Sharon Cho and Serene Cheong, WORLD OIL, March 17, 2020 The trading arm of a Chinese state-owned refiner is turning away crude from Russian energy giant Rosneft PJSC, the parent of a unit hit by U.S. sanctions.  Sinochem International Oil (Singapore) on Monday sought crude for May-to-June delivery, company … read more

Track COVID 19 around the world,   in real time – compliments of Microsoft Oil Banks divesting from Arctic oil development are in a glass house throwing stones Anchorage Daily News Editorial Board, March 15, 2020 The past several weeks have seen a handful of the world’s largest banks announce that henceforth, they won’t finance oil development in the Arctic, with … read more