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Oil stalls for a third week
Bloomberg
Oil on Friday edged lower alongside a broader market decline as the recovery in consumption remains uncertain.
The dip capped a third straight week with New York futures stuck near US$52 a barrel.
West Texas Intermediate (WTI) for March delivery fell US$0.20 to US$52.14, down 0.25 percent from a week earlier.
The sun is pictured behind a crude oil pump jack in the Permian Basin in Loving County, Texas, on Nov. 22, 2019.
Photo: Reuters
Brent crude for April delivery gained US$0.06 to US$55.10 a barrel, dropping 0.56 percent from a week earlier.
US equities weakened amid lingering concerns over volatile retail trading. While Johnson & Johnson’s COVID-19 vaccine breakthrough allayed some worries about the deterioration of consumption, it is clear that the demand environment remains tepid.
В России начали действовать новые правила по оформлению фотографий в паспорт amur.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amur.info Daily Mail and Mail on Sunday newspapers.
Eastern Pacific Shipping hits its ESG target two years ahead of schedule January 28, 2021, by Jasmina Ovcina
Singapore-based ship management company Eastern Pacific Shipping (EPS) has met its Environmental, Social & Governance (ESG) policy two years ahead of schedule, the company announced.
EPS started disclosing a fleetwide CO
2 emissions report last year, using the industry-accepted Annual Efficiency Ratio (AER).
In its first report, EPS reported a 2019 AER of 4.7, which showed a steady decline from 2015, where it had an AER of 5.1. This downtrend prompted EPS management to set a target of achieving an AER of 4.5 by 2022.
Today, EPS released its 2021 ESG Policy, where the company announced it achieved an AER of 4.4, meeting its target a full two years ahead of schedule.
На Ямале осудят приемную мать, которая годами издевалась над четырьмя опекунами pda.kp.kz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pda.kp.kz Daily Mail and Mail on Sunday newspapers.