Monday, September 8, 2025
Oil faces bumpy road to recovery as second virus wave accelerates: Reuters poll- oil and gas 360

Oil faces bumpy road to recovery as second virus wave accelerates: Reuters poll

Reuters Oil prices will be hemmed in the $40-45 per barrel range for the rest of the year, a Reuters poll showed on Friday, with analysts expecting a rough road to recovery into 2021 as an accelerating coronavirus outbreak fans renewed demand concerns. A survey of 41 economists and analysts forecast global benchmark Brent crude prices LCOc1 to average $42.32 a barrel

Analysis: Biden’s clean-energy ‘revolution’ faces challenge to match fossil-fuel jobs, pay- oil and gas 360

Analysis: Biden’s clean-energy ‘revolution’ faces challenge to match fossil-fuel jobs, pay

Reuters WASHINGTON/NEW YORK  – Democratic presidential nominee Joe Biden, seeking to allay concerns that his plan to fight climate change would harm the economy, has promised a “clean energy revolution that creates millions of unionized middle-class jobs” if he’s elected. That vision, however, would require policy makers and clean-energy companies to overcome some major challenges in replacing the number and