Tajikistan and Turkmenistan are collaborating on the creation of a transport corridor that will connect Asia and Europe. The proposed transport corridor is expected to enhance both countries’ strategic significance, providing a vital link for […]
The explosion and fire of a tanker truck just north of Center City Philadelphia, leading to the collapse of sections of Interstate 95, one of the most heavily traveled roads in the United States and […]
By Charles Kennedy of OIlPrice.com Despite the Western sanctions, Russian oil companies boosted their gasoline exports by 37% between January and May compared to the same period in 2022, Russian daily Kommersant reported on Friday, […]
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 […]
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