With California reporting a new daily high for new COVID-19 cases, 4,515 new cases on Sunday, the continual concern for virus spread should still be at the top of everyone’s priority list. Over just the last two weeks The United States has seen a 15% case increase. Typical travel destinations in the southeast and on […]
Read MoreIndia To Auction Off 41 Coal Mines
India has announced plans to auction off 41 coal mines which would put an end to 4 decades of state-controlled coal mining. The Indian government hopes the privatization of coal mining will solve a fuel shortage that is threatening the country. India has felt the economic toll steaming from the COVID-19 pandemic and they are […]
Read MoreCyclone Amphan and COVID-19 Impact on Oil Recovery
Just last week, India was hit with the 1st cyclone of the season. Cyclone Amphan struck West Bengal directly wiping out any structure within reach. Amphan’s path of destruction included farmland, schools, businesses, and homes. 10 million people have been affected and 500,000 have lost their homes due to the cyclone. This storm is especially […]
Read MoreBreaking the Price Surge
Today, oil prices dropped to $83 a barrel after the United States said it is actively considering waivers on the oil sanctions against Iran, potentially easing the current strain on supply and allowing Iranian oil exports to keep flowing.
Read MoreIndia Indecision
The second round sanctions by the U.S. on Iran will take effect in November. These sanctions will focus on Iran’s energy sector. The Trump administration forecasts that it will persuade the countries that import Iranian oil to cut as much as 1 million barrels a day when the sanctions begin in early November. The major […]
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