Oil hits lowest this century as coronavirus crisis hammers demand; lockdowns to cut fuel demand steeply
- Details
- Category: Energía y Combustibles
- Published on Thursday, 23 April 2020 10:15
- Written by Administrator2
- Hits: 144
Business Reuters Apr 22, 2020 18:19:12 IST
London: Oil slumped to less than $16 a barrel on Wednesday, hitting its lowest since 1999, with the market awash with excess supply as the economic fallout from the coronavirus pandemic hammers demand for fuels.
A glut has been building since OPEC+, led by Saudi Arabia and Russia, failed to renew output cuts last month.
OPEC+ agreed new curbs this month, but government lockdowns to contain the pandemic have cut fuel demand more steeply.
Brent crude, which fell 24 percent in the previous session, touched $15.98 a barrel, its lowest since June 1999. It was trading down 62 cents, or 3.2 percent, at $18.71.
Representational image. Reuters
Oil crisis
- Details
- Category: Energía y Combustibles
- Published on Monday, 20 April 2020 20:25
- Written by Administrator2
- Hits: 150
https://www.nytimes.com/2020/04/20/business/stock-market-live-trading-coronavirus.html
How to decarbonize shipping without spending billions
- Details
- Category: Energía y Combustibles
- Published on Sunday, 15 March 2020 07:33
- Written by Administrator2
- Hits: 184
https://www.weforum.org/agenda/2020/03/decarbonizing-shipping-without-spending-billions/
Digital technology can drive enormous efficiencies across the maritime freight sector
Image: REUTERS/Michael Kooren
13 Mar 2020
- Wajiha KhalidGlobal Shaper, Rawalpindi Hub & Programme Director Operations and Marketing, Cubex Global
- Sheikh Ahsan Ullah TariqGlobal Shaper, Rawalpindi Hub & CEO, Cubex Global
The World Economic Forum COVID Action Platform
Most Popular
Coronavirus is officially a pandemic - but we can change its course: Today's WHO briefing
Coronavirus: how to keep things in perspective
Ignacio López-Goñi · The Conversation 08 Mar 2020
How does quarantine actually work?
Explore context
Supply Chain and Transport
Rusia pide un nuevo acuerdo de la OPEP ampliada para enfrentar el colapso en la demanda de petróleo
- Details
- Category: Energía y Combustibles
- Published on Friday, 10 April 2020 19:23
- Written by Administrator2
- Hits: 161
Han acordado reducir su oferta petrolera en un 23% ante la crisis en el sector causada por la pandemia de la covid-19.
La luna llena se eleva sobre la refinería de petróleo de Gazprom Neft en Omsk, Rusia. REUTERS / Alexey Malgavko
MADRID
10/04/2020 13:29 ACTUALIZADO: 10/04/2020 17:53
AGENCIAS
México se ha sumado oficialmente al acuerdo alcanzado por la OPEP+ para reducir la producción mundial de petróleo crudo, después de pactar con Estados Unidos que este país asuma una parte significativa de la cuota de ajuste originalmente asignada al país azteca, que limitará así a 100.000 barriles diario su recorte de oferta, según ha anunciado el presidente mexicano, Andrés Manuel López Obrador.
En una conferencia de prensa, López Obrador ha informado de que en una conversación telefónica con su homólogo estadounidense, Donald
LNG - THE RIGHT OPTION? HOW TO PREPARE FOR THE FUTURE TODAY
- Details
- Category: Energía y Combustibles
- Published on Friday, 21 February 2020 20:12
- Written by Administrator2
- Hits: 200
file:///C:/Users/Usuario/Documents/Downloads/LNG_report_2015-01_web_tcm8-13833.pdf
60 páginas.
The decision to invest in LNG as a bunker fuel is not an easy one. There can be substantial premiums to be paid; up to 30 per cent for certain ship types in the most expensive cases. This high cost, combined with the lack of confirmed LNG availability for bunkering, in particular for segments dominated by the tramp trade, goes a long way to explaining the hesitation of many shipowners and charterers to move toward LNG-fuelled propulsion for newbuilds. A shipowner has two options when considering the use of LNG as fuel in a new building phase: 1. Building a LNG Ready ship - a ship ready for future retrofit, and 2. Building a LNG-fuelled ship - a ship ready