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Tag Archives: Coronavirus hurts oil prices

Oil-Sands Workers Brace for ‘Hellish’ COVID19 Outbreak in Remote Camps

Syncrude Canada Ltd. oil sands worker housing camps are seen at the company’s upgrading plant at the Athabasca Oil Sands.

BLOOMBERG, March 21, 2020 🛢First suspected Covid-19 case reported; awaits confirmation 🛢Virus adds to worries for industry’s embattled workers By Kevin Orland and Robert Tuttle for BLOOMBERG – As if the market crash threating their jobs wasn’t stressful enough, workers in Canada’s oil-sands are bracing for the coronavirus to upend life in the remote camps where they’re lodged. One suspected case among them …

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Coronavirus Hits China’s Crude Oil, Iron Ore, Coal Imports

Bulk coal ship being loaded at a terminal

February 13, 2020 by Reuters By Clyde Russell LAUNCESTON, Australia, Feb 13 (Reuters) – Calculating the exact impact on commodity markets from the coronavirus epidemic in China is still a fraught process, with too many unknown variables, but there are some early signs of the effect on physical shipments. China’s imports of crude oil and iron ore so far in February are running at …

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Coronavirus. How bad are things going to get?

Rows of empty cots sitting on a concrete floor

PortandTerminal.com, February 5, 2020 Just how bad are things going to get before the world turns the corner on the coronavirus? BEIJING, CHINA – Each day there are reports of new cases of the coronavirus being detected, more deaths reported, border closures, transportation cancellations and interruptions to global trade. All of which begs an important question. Just how bad are …

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