Page 49 - Phillip Streible News Today : Breaking News, Live Updates & Top Stories | Vimarsana
No quick rebound for oil prices - The Nation Newspaper
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
Why oil prices aren t expected to see a quick recovery from a more than 20% loss in 2020
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Why oil prices aren t expected to see a quick recovery from a more than 20% loss in 2020
marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Order Reprints Print Article
A recovery in oil prices will likely lag the global economic recovery and depend on widespread vaccination. Johannes Eisele/AFP via Getty Images Text size
The year 2020 has been unlike any other, with Covid-19 economic restrictions hitting oil demand hard and OPEC+ disagreements contributing to a plunge to negative prices. But the rollout of vaccines in the U.S. and Europe offers hope for a fresh start in the new year.
“2020 was a year that proves that there is no such thing as 20/20 vision when it comes to forecasting energy market pricing,” noted Dan Klein, head of energy pathways and analytics at S&P Global Platts, during a recent energy outlook briefing. “There will undoubtedly be unforeseeable twists and turns over 2021 that will bring even more risks to the forecasts.”
Gold jumps over 1% as surging virus cases renew stimulus hopes
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.