Post Tagged with: "oil recovery"

Source: Reuters

Oil set for fragile recovery as economies limp towards normal: Reuters poll

Reuters


Oil prices are set for a slow crawl upwards this year as the gradual easing of coronavirus-led restrictions buoy demand, although a second COVID-19 wave could slow the pace of recovery, a Reuters poll showed on Friday.

The survey …

July 31, 2020 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance
Source: Reuters

Global recovery unlikely to be v-shaped, says Shell chief

Reuters


LONDON  – The global economy will not achieve a v-shaped recovery after the coronavirus epidemic, which will curtail oil and gas demand for years, Royal Dutch Shell’s (RDSa.L) chief executive said.

Ben van Beurden told an online …

July 16, 2020 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Source: Reuters

Column: Oil traders see market starting road to recovery: Kemp

Reuters


LONDON – Crude oil traders expect the market to be closer to balance in the next few months as production cuts are implemented and the global transport system emerges from a coronavirus lockdown.

Futures prices and swaps linked to …