Coronavirus

Americas

At London’s oil week, clues about demand will be all around

24/02/2020

Oil traders are gathering in London for what’s normally a week of lavish parties, dealmaking and market chatter. China’s coronavirus means this year’s events will be more subdued – and fewer in number – than usual. The talk will be about absent friends and uncertain demand.

Oil & Gas

Woodmac: Coronavirus and the impact on gas and LNG

11/02/2020

As with all commodities, the impact of the novel coronavirus (2019-nCoV) on Chinese gas demand will depend on both the severity and length of time required to contain the outbreak.

Oil & Gas

Virus to slash Chinese LNG, but US tariff lift could save the day, Rystad says

07/02/2020

The unseasonably warm weather in the northern hemisphere has undercut liquefied natural gas (LNG) demand and, combined with the steady rise of global supply levels, has resulted in record-low prices. Adding insult to injury, the coronavirus epidemic in China has reduced business and industrial activity, with January’s LNG imports dropping by about 10% year on year.

Opinion

How can a virus affect the oil price?

31/01/2020

Since mid-January, the Brent Crude oil price dropped about 10%, from $65 to $57 as of Friday morning. The reason for this is the outbreak of the new coronavirus in China. How can a virus affect the price of oil?

Breaking