The Organization of the Petroleum Exporting Countries (OPEC) and allied oil-producing nations are negotiating a three-month-long reduction in oil output, Russian news agency TASS reported on Tuesday, citing two anonymous sources from the alliance. The potential deal would run from May to the end of July 2020. The month of May would be chosen as …
Continue reading “OPEC+ mulls three-month-long cuts – report”
Russia is ready to hold constructive talks aimed at stabilizing the oil market, and those talks don’t have alternative. Russia did not support the end of the OPEC+ deal, Peskov told Russian television channel Rossiya 24 on Sunday. President Putin and Russia as a whole are inclined to take part in a constructive negotiation process …
Continue reading “Superpowers Clash Ahead Of Most Important Oil Meeting Ever”
FEARS have been raised that the coronavirus may be able to remain in the body and “reactivate” later after 51 recovered patients tested positive again. The patients, from the city of Daegu, South Korea, had all spent time in quarantine while recovering from the virus, but were diagnosed again within days of being released. South …
Dow spikes more than 1,600 points as markets rebound Monday U.S. financial markets spiked Monday, likely on hopes that the COVID-19 outbreak was nearing its peak in certain parts of the U.S. The Dow Jones Industrial Average closed up by 1,627 points or 7.7%. The S&P 500 spiked 7% and the Nasdaq was up 7.3%. …
Continue reading “Dow closes over 1,600 pts in green after rally”
U.K. Prime Minister Boris Johnson is in intensive care in a London hospital with COVID-19, officials said on Monday, one day after Johnson was admitted to the hospital with persistent symptoms of the coronavirus. Johnson was the first world leader to test positive for the coronavirus on March 27. “Over the course of this afternoon, …
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United States stock markets continued to climb on Monday with the Dow Jones surging more than 1,200 index points as the growth in new coronavirus deaths slowed down somewhat in most-affected European countries, including Italy and the UK. Meanwhile, New York State Governor Andrew Cuomo unveiled that the number of hospitalizations and intubations over coronavirus …
Continue reading “Wall Street extends gains, Dow jumps 1,200 pts”
Independent oil producers in the United States informed the Organization of the Petroleum Exporting Countries (OPEC) that they stand ready to cut its crude output voluntary, sources told The Wall Street Journal on Friday. Meanwhile, the US Department of Energy is putting efforts to persuade Russia to agree on a deal with Saudi Arabia-led OPEC …
Continue reading “Putin Says We Need To Cut Around 10M Bpd Of Oil Production”
Nick Note: With so many people on lockdown internet usage has soared. The ugly truth is internet providers have sold far far more bandwidth then they can deliver. Now its the nut cutting. Our concern is the fact that the internet brokers are seeing their systems crash on high volume days and US banks …
Continue reading “New Service Internet Outage Tracking: Chase still having problems”
Nick Note: With many people sick or under quarantine systems are failing. As i predicted. Having been off the grid and on internet fiber backbone via satellite I know a thing or two about this. I urged you to get a VSAT or Huges net satellite for your home. Like the Medicines some listened …
Continue reading “New Service Internet Outage Tracking: Verizon Outage Outage”