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HomeCommodities

Commodities

Mining industry
Commodities

Mining Industry Warns Energy Transition Isn’t Sustainable

July 5, 2022 Mariel Alumit

There is a glaring problem in the energy transition that not many people are acknowledging. It is being built on the back of finite resources, and the mining industry is already warning that there aren’t […]

Inflation
Commodities

Markets in H1: The almost perfect storm

June 30, 2022 Mariel Alumit

MSCI world stocks biggest H1 fall since index creation Deutsche Bank estimates worst for Treasuries since 1788 Commodities bulls pushed oil up 50% gas up 60% Yen takes heavy pounding as dollar rides high LONDON, […]

Goldman Sachs
Commodities

Goldman Sachs: Upside Risk In Oil Is “Tremendously High”

June 28, 2022 Mariel Alumit

Goldman Sachs remains highly bullish on crude and refined products. GS: recent pullback could be buying opportunity. The underinvestment thesis remains the core of Goldman’s energy market view. Goldman Sachs continues to be very bullish […]

The Marathon Anacortes Refinery - David Ryder - Getty Images
Climate Crisis

“How a massive refinery shortage is contributing to high gas prices”

June 26, 2022 Stu Turley

 Source NPR: President Biden and Big Oil are at each other’s throats. At a time when gas prices are at the highest level in history, hurting regular Americans, he points out that Big Oil companies […]

Commodities

Oil prices move higher, but set for weekly loss amid demand worries

June 24, 2022 Stu Turley

Crude prices were set to rise for the first session in three on Friday, though set for a weekly loss as the market has tried to buck worries over economic slowdowns that could cut into […]

EIA
Commodities

What Do You Pay for in a Gallon of Fuel?

June 22, 2022 Mariel Alumit

What exactly do you pay for when you buy fuel? Well, that depends on whether you’re purchasing regular gasoline or diesel, according to the U.S. Energy Information Administration’s (EIA) latest gasoline and diesel fuel update. […]

Gas station in New York -NYT
Commodities

Biden Will Push Congress for a Three-Month Gas Tax Holiday

June 22, 2022 Stu Turley

President Biden plans to call on Congress on Wednesday to temporarily suspend the federal gas tax, an effort to dampen the soaring fuel prices that have stoked frustration across the United States. During a speech on […]

Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday
Commodities

Biden Says He Is Near Decision on Backing Federal Gasoline-Tax Holiday

June 21, 2022 Stu Turley

President Biden said Monday that he may make a decision within days on seeking a pause to the federal gasoline tax, as Americans deal with soaring gas prices. Mr. Biden told reporters in Rehoboth Beach, Del., that […]

Global Gasoline And Diesel
Commodities

Can The Global Gasoline And Diesel Crisis Be Solved?

June 21, 2022 Mariel Alumit

Diesel and gasoline markets are witnessing crack spreads in the $50-$60 per barrel range due to inventory stocks across the world being at record lows. The global oil demand recovery looks resilient as the final […]

California Fuel Prices Set to Soar
Commodities

California Fuel Prices Set to Soar

June 19, 2022 Stu Turley

Gasoline and diesel prices in the Golden State may soar to fresh records in the coming weeks as one of the largest refineries on the West Coast starts maintenance. Chevron Corp. is scheduled to carry […]

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