The China Post
· Lebanon crisis brings mixed legacy for central bank governor →
When the flow of hard currency dropped, beginning in 2016 — in large part because falling oil prices reduced remittances from Lebanese working in Gulf Arab nations — Salameh responded with a so-called “financial engineerings” debt policy.
· VDE: Energy Has Rallied, Time To Take Some Profit →
For support, let us look at oil production in the Gulf of Mexico.
· Government target of 200,000 Covid-19 tests 'meaningless' →
Since testing was expanded to include home testing and tests mailed out to satellite sites, a gulf has opened between the number of pillar 2 tests carried out each day and the number of people tested – by 21 May the gap had reached more than 500,000 tests (45% of the total).
· As Iraq lockdown chokes off imports, local businesses thrive →
That includes everything from cars and computers to frozen chicken and even Iraq's national fruit, dates, which in recent years were more often imported from the Gulf than plucked from local palm trees.
The New York Times
· Amazon’s Big Breakdown →
A few streets on Staten Island, for example, were still bustling: Gulf Avenue, Chelsea Avenue, Fifth Street and Sixth Avenue.
· 100,000 coronavirus deaths in US; 355,000 globally: Live updates →
The number of coronavirus cases in the Arab Gulf region, which includes Qatar, Kuwait, Saudi Arabia, the UAE, Bahrain, and Oman, has passed 200,000, as the largest economies, Saudi Arabia and the UAE have begun to ease restriction.
· News Corp announces end of nearly 100 Australian print newspapers in huge shift to digital →
South Australian papers to cease printing and move to digital are: Messenger South Plus; Messenger East Plus, Messenger North, Messenger West, Messenger City, Adelaide Hills and Upper Spencer Gulf.
· Total coronavirus cases in Gulf Arab states surpass 200,000, tally shows →
DUBAI, May 28 — The number of coronavirus cases in the six Gulf Arab states doubled in less than a month to surpass 200,000 yesterday, according to a Reuters' tally, at a time the region's two biggest economies move to resume activity.
· Genesis Energy LP: Too Risky For The Current Environment →
In its Q1 report, the company attributes its resilience to the consistent pipeline volumes out of the Gulf Coast, strong crude-by-rail volumes out of Canada (which discontinued when they became uneconomic), and strong demand for marine transportation across their different asset classes.
· Exxon Mobil Corporation (XOM) CEO Darren Woods Hosts 2020 Annual Meeting of Shareholders (Transcript) →
We're fully leveraging this integrated capability in the Permian, beginning with the production of oil and gas in New Mexico and West Texas through our gathering systems, terminals and pipelines, all the way to our Gulf Coast refining and chemicals complexes, providing unconstrained market access to the upstream and advantage feed stocks for our manufacturing facilities.