Coronavirus

Copper edges up on stimulus hopes, vaccine roll-out
Markets

Copper edges up on stimulus hopes, vaccine roll-out

  • The Trump administration proposed a $916-billion pandemic relief package on Tuesday, while the United Kingdom became the first country to begin mass-vaccinating its people using a fully-tested COVID-19 shot.
Published 09 Dec, 2020 09:26am
US natgas output, demand to fall in 2020, 2021 due coronavirus
Markets

US natgas output, demand to fall in 2020, 2021 due coronavirus

  • EIA projected dry gas production will drop to 90.88 billion cubic feet per day (bcfd) in 2020 and 87.91 bcfd in 2021 from an all-time high of 93.06 bcfd in 2019.
  • EIA's projections for 2020 in December were lower than its November forecasts of 90.99 bcfd for supply and 83.68 bcfd for demand.
Published 09 Dec, 2020 01:06am