A major blaze engulfed a fuel facility in Sudan’s capital Khartoum as fighting raged between rival military factions for a crucial weapons depot as the battle for the country intensified. Live footage from Arab satellite […]
As part of National Bike Month, celebrated in the U.S. each May to promote cycling as a fun and healthy mode of transportation, today, May 19 was Bike to Work Day. On this day, people […]
Last August, we were the first to show how Russia was bypassing Europe’s so-called commodities embargo: it was selling LNG to China which was then re-selling it to Europe at a substantial mark up. And […]
Higher temperatures. Higher gas prices. Drivers across the country have seen that seasonal given play out in recent weeks. The national average for a gallon of regular gas was $3.64 on April 26, up 21 […]
(Reuters) U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period. Refiners have been riding a wave of favorable […]
California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that […]
By Tsvetana Paraskova of Oilprice.com, With global trade being upended by sanctions on Russia while Asia and the Middle East add refining capacity at the expense of the U.S. and Europe, orders for fuel tankers […]
Here’s some bad news for drivers of luxury cars and large sport-utility vehicles who are pumping the top grade of gasoline: the premium they pay over regular fuel is getting pricier.US and European refiners are […]
Motorists in the Midwest US could expect to pay more for gasoline under a fuel policy shift demanded by governors in the region, with a new refining industry-commissioned analysis outlining larger-than-expected impacts of the change.The study, […]
By Charles Kennedy of OilPrice.com Gasoline demand in the United States rose by 1.7% last week, and was also 3.7% higher than the four-week moving average, GasBuddy reported as quoted by Reuters. “For the first […]
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