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 […]
Clean product tanker rates soared last week after the European Union and G-7 nations targeted Russia’s petroleum sales. Restrictions on Russian crude exports began in early December. The sanctions have been a ploy by Western […]
Semi-trucks line up near Pier J to retrieve shipping containers from China-based ship at the Port of Long Beach, in Long Beach, California, U.S., April 4, 2018. REUTERS/Bob Riha Jr./File Photo WASHINGTON, Feb 9 (Reuters) […]
The cost of moving gasoline and other fuels on ocean-going tankers is soaring days after sanctions targeting Russia’s petroleum sales. Daily earnings for relatively tiny tankers delivering refined fuels in the Atlantic ocean have surged […]
Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]
Authored by Julianne Geiger via OilPrice.com, AAA: gasoline prices continue to climb throughout the U.S. Gasoline prices are up 11.8 cents over a week ago. Gasoline prices are rising along with the rise in WTI […]
What a wild start to the week. Michael and Stu cover the energy crisis in Pakistan and the children at risk carrying plastic bags of natural gas to cook. A video in the article about […]
ENB Pub Note: Ethonal has never proven good for the environment or the cars that use the fuel. The world will need all the food it can get, and throwing it away on fuel that […]
By Grant Smith and Mark Cudmore, Bloomberg markets live reports and strategists Oil prices may have surrendered the bulk of this year’s gains, but the conditions are right to lure back bulls in the new […]
Oil prices are lower this morning (despite a small crude draw reported by API overnight) amid concerns about a jump in Covid-19 cases after China suddenly rolled back pandemic rules (which is ironic because prices […]
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