Oil prices will stay near current levels this year as rising novel coronavirus cases threaten to slow the pace of demand recovery and counter output curbs by top producers, a Reuters poll showed on Wednesday.
Oil prices will see little change this year and a modest uptick in 2021 as output cuts take effect, with the demand picture clouded in uncertainty due to the coronavirus pandemic, a Reuters poll showed on Tuesday.
Jan 30 The capesize component of the Baltic sea
freight index plunged to an all-time low on Thursday, hurt by
high fuel costs owed to new shipping regulations and a seasonal
slowdown worsened by a coronavirus outbreak.