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 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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
Exxon has claimed waiving the Jones Act vessel requirements will tame prices Tools at Biden administration’s disposal are limited: analyst Waiving a century-old shipping law to let foreign-flagged vessels transport fuel between US ports — […]
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