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Global oil prices have plummeted more than 25% this year as investors fear demand destruction from the virus. Brent oil had traded as high as $68. 91 a barrel in January, before the virus outbreak was acknowledged. In previous years, CERAWeek has been a major economic boost to the city of Houston, filling hotels and driving business at restaurants and shops. "It's the most important yearly gathering of the industry, in which many significant deals and conversations take place, " Monad said. There were no incidents in Houston that led to the decision to cancel the event, Houston Mayor Sylvester Turner and IHS Markit Vice Chairman Daniel Yergin said in a joint statement. IHS Markit estimated that the cancellation of the conferences, including CERAWeek, would have a financial impact of about $50 million of non-recurring revenue, its website said. This year's CERAWeek was expected to draw delegates from more than 80 countries, the company had said, although visitors from some countries were already unable to attend.
Kumar had previously shown off Azure Synapse, a revved-up and rebranded of Azure SQL Data Warehouse (or "evolution", as Microsoft would have it), and its analytical capabilities at last year's Ignite event. Synapse also gained some new toys in Public Preview at Build (something Kumar described as a "milestone"). The analytics service added new Synapse SQL features and, inevitably, built-in Power BI authoring. The widening of the preview also means that more users can check out if the team's performance and ease of use claims cut the mustard. However, getting data from operational systems into analytical services has traditionally been a bit of pain. The new Link functionality allows customers to hit that real-time transactional data in Azure without adding a burden to operational systems. There are, of course, gotchas. It is undoubtedly neat if you're in the Microsoft ecosystem, but right now Azure Synapse Link only supports Azure CosmosDB in the preview. Other Azure databases such as PostgreSQL, MySQL or even Azure SQL are still in the "coming soon" bucket, which is a little disappointing.