The U.S. Energy Information Administration’s (EIA) latest Petroleum Supply Monthly shows the significant changes in petroleum markets that occurred in April, when most of the United States was under stay-at-home orders to limit the spread of coronavirus. In April,...

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Headlines are currently screaming at readers: “Oil markets starved of essential Russian and Saudi barrels.” And yet, only a few weeks ago the world was awash with Saudi and Russian oil as global demand tanked because of the coronavirus disease (COVID-19) pandemic. The...

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Cargo handled by the country’s major ports declined by 19.68 per cent to 141.92 million tonnes (MT) in the first quarter of this fiscal amid the coronavirus outbreak, as per industry body IPA. These 12 ports had together handled 176.69 MT of cargo during April-June...

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Though the Port of Antwerp has reported a 4.9% drop in the total throughput of goods for the first half of 2020 compared to last year as a result of the coronavirus crisis – but added that it is ‘also seeing the first signs of recovery’. In a statement issued on 8th...

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