Russia says coronavirus crisis cuts global oil demand by up to 20 mln bpd

MOSCOW: Measures to contain the spread of the coronavirus have cut oil demand in the United States, Europe and China by around 15-20 million barrels per day, Russian Deputy Energy Minister Pavel Sorokin told RBC TV on Friday.The coronavirus epidemic has forced govenments around the world to try to curb its spread. Entire countries have […]

Oil & Gas major Cairn Energy reduces Senegal, UK spending plans

LONDON: Oil and gas producer Cairn Energy on Friday reduced investment plans by about a fifth, following the fall of oil prices to less than $30 a barrel.Cairn and its partners, including Woodside and FAR , were assessing “substantial initiatives to reduce and re-phase” investment in the $4.2 billion Sangomar oil development project in Senegal, […]

Falling Latin American oil demand deprives US refiners of top customers

coronavirus pandemic worsens, leaving U.S. refiners without their main export destination.The crisis has nearly shut down worldwide air travel and fuel demand, which is expected to fall between 10% and 36% in Latin America through the first half of the year.Although the coronavirus had not hit Latin America with the same intensity as Europe or […]

Global oil refiners shut down as coronavirus destroys demand

PROFIT WARNINGS South Korea run rates fell to 82.8% in February, the lowest for the month since 2014. The cuts are unlikely to stop there, however, with demand for gasoline and diesel expected to fall 30% year on year in March, according to sources and data from the Korea National Oil Corp. C-OPRATE-KW

Trump didn’t calm the oil markets. Now it may be too late

By Stephen Cunningham, Jennifer A. Dlouhy and Nick Wadhams When Saudi Arabia kicked off its oil-price war and triggered the worst crude crash in a generation, US President Donald Trump lauded the ensuing decline in pump prices, saying it would be “like a tax cut” for Americans. Weeks later, the crisis remains a low priority […]

Exclusive: Two Indian refiners declare force majeure to curb Mideast oil supply

NEW DELHI (Reuters) – Two Indian refiners declared force majeure on crude purchases from the Middle East on Friday after fuel demand plummeted due to a nationwide lockdown to stem the spread of coronavirus and the companies’ tanks are full, sources said.

Valentine’s Day love horoscopes show what date night you should be planning based on your star sign

Kerry King uses tarot and star sign wisdom to create inspiring forecasts and insights, with over 20 years fortune telling experience, and many happy clients all over the world.

Ant and Dec confirm huge Saturday Night Takeaway shake-up tonight as they self-isolate

Wearing a blue sweater as he stood in his garden, Dec announces excitedly in the video: “It’s Saturday, we’re still on air, so it’s time for a What’s In The Show Shooooow! Home edition! What have we got Ant?”

Spain suffers its worst day for coronavirus deaths with 832 – bringing toll to 5,690 – as the army is handed emergency powers to transfer bodies because undertakers can’t cope

Queen Letizia was forced to go into lockdown after coming into contact with a minister who has since tested positive for coronavirus.   Harrowing video from a hospital in Albacete, 85 miles west of Valencia, showed patients lining the corridors of a hospital waiting to be treated.  The Spanish government forced to return ‘faulty’ coronavirus testing […]

Dwayne ‘The Rock’ Johnson pairs his cheat day meal with a bottle of tequila during self-quarantine

Dwayne ‘The Rock’ Johnson and Emily Blunt are in search of… Dwayne ‘The Rock’ Johnson promises to ‘love and protect’ his… Dwayne ‘The Rock’ Johnson and Scarlett Johansson top Forbes… Dwayne ‘The Rock’ Johnson’s 18-year-old daughter Simone…