Iraq’s oil minister is requesting an emergency meeting between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers to take action to stabilize the market. Russia and Saudi Arabia’s battle for market shares has also put additional pressure on the market, Reuters noted. … [Read more...] about Oil prices lowest since 2003
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Nieboer said he did fear that some employers might use the insights from the survey to discriminate against women, but added this was not the right message to take away. Around the world, 1.8 billion women menstruate. The real impact of menstruation was under-appreciated, he said. … [Read more...] about Period pain linked to nearly 9 days of lost productivity for a woman in a year
While the refinery had some decent years, it never yielded the amount of jet fuel that the airline had originally hoped for relative to other fuels. Nevertheless, Delta has argued that the facility helps to blunt the effect of the volatile energy market and lowers jet fuel prices across the board by boosting supplies. … [Read more...] about Delta Air Lines Bought an Oil Refinery. It Didn’t Go as Planned.
"As summer begins to fade, demand recovery may be limited, and there's a possibility we may see more downside potential in the last quarter of the year," said De Haan. "Traditionally, gasoline demand weakens into the autumn, and we may see a drop in gas prices as we progress through fall." … [Read more...] about Gasoline prices fall as summer nears end
This photo taken and provided by Sophie Seneque, shows oil in Riviere des Creoles, Mauritius, Sunday Aug. 9, 2020, after it leaked from the MV Wakashio, a bulk carrier ship that recently ran aground off the southeast coast of Mauritius. Thousands of students, environmental activists and residents of Mauritius are working around the clock to reduce the damage done to the Indian Ocean island from an oil spill after a ship ran aground on a coral reef. Shipping officials said an estimated 1 ton of oil from the Japanese ship’s cargo of 4 tons has escaped into the sea. Workers were trying to stop more oil from leaking, but with high winds and rough seas on Sunday there were reports of new cracks in the ship's hull. (Sophie Seneque via AP) less … [Read more...] about Race in Mauritius to empty oil tanker before it breaks up