The Covid-19 pandemic in the world is hit hard by oil demand. In conditions when, due to quarantine, the movement of residents is limited, and enterprises are closed, interest in fuel decreases sharply. As a result, investors fear for demand. Negative sentiment in the oil markets is also caused by […]

Bank of England Governor Mark Carney said that Britain should prepare for an economic blow in connection with the deepening effects of a new outbreak of Covid-19. Speaking on Friday, Carney said that the central bank had already detected signals from British and foreign companies with which he contacted that […]

(C) Bloomberg. An employee turns a control valve on pipework beside a storage tank at an oil delivery point operated by Bashneft PAO in Sergeevka village, near Ufa, Russia, on Monday, Sept. 26, 2016. Bashneft distributes petroleum products and petrochemicals around the world and in Russia via filling stations. Photographer: […]