Economists Trash Dems’ Fuel Price Control Proposal: ‘Can’t Believe They’re Dumb Enough To Do This’ Thomas Catenacci on May 16, 2022 “I just can’t believe …
RUNNING ON EMPTY: America’s Diesel Stockpiles Are Rapidly Dwindling, Fuel Rationing On The Horizon Thomas Catenacci on May 12, 2022 American diesel stockpiles have been …
Biden Cancels More Oil And Gas Leases As Fuel Prices Skyrocket Thomas Catenacci on May 12, 2022 The Biden administration canceled all three remaining offshore …
Fuel Prices Hit Record Highs After Biden Promised To Lower Costs Thomas Catenacci on May 10, 2022 The average price of gasoline in the U.S. …
By Chen Aizhu SINGAPORE – China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in …
By Camillus Eboh ABUJA – Nigerian airline Ibom Air on Saturday said it will not take part in an industry plan to stop flights from …
By Stephanie Kelly NEW YORK – U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has …
TOKYO – Japan’s consumer inflation will continue to face upward pressure later this year from rising electricity bills and food prices, as the recent surge …
By Lewis Krauskopf NEW YORK – Mixed financial results from U.S. megacap companies are dampening an otherwise better-than-expected first-quarter earnings season and so far failing …
This innovative new product is the first commercially available blend of either traditional, or renewable propane, and rDME. The resulting blended alternative product has a …
BOGOTA – Colombia’s fuel subsidy fund is projected to more than double its deficit to 33.7 trillion pesos ($8.8 billion) this year because of high …
By Mei Mei Chu KUALA LUMPUR – Countries should pause or slow use of edible oil as biofuel to ensure adequate supply for use in …
By Laura Sanicola (Reuters) – U.S. oil refiners expect strong first-quarter earnings as margins to sell gasoline and diesel strengthened due to a steep dropoff …
By Takaya Yamaguchi TOKYO -Japan’s government will raise the cap for gasoline subsidies and replenish state reserves by compiling an extra budget to cushion the …
DAKAR – Air France said on Wednesday that flights from Senegal’s capital Dakar to Paris will make refuelling stops in Spain’s Las Palmas, due a …
(Reuters) – Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would work with corporate customers to launch a major corporate sustainable aviation fuel …
By Ernest Scheyder (Reuters) – Elon Musk’s recent musings that high lithium prices may force Tesla Inc to make its own supply of the electric …
SupplySide East featured more education sessions than at any previous show, allowing all badge holders opportunities to learn from experts and gain insight into the …
By Vera Eckert, Shadia Nasralla and Ron Bousso FRANKFURT/LONDON – People on the streets of Berlin have waved Ukrainian flags in demonstrations of support since …
NAIROBI – Kenya plans to deport the CEO of fuel storage and distribution company Rubis Energy Kenya over a fuel crisis, The Daily Nation newspaper …
Biden Scraps Green Fuel Rules In Bid To Slow Skyrocketing Gas Prices Thomas Catenacci on April 12, 2022 President Joe Biden is expected to announce …
‘Relic Of The Past’: Democrats Cheer Biden’s Fuel Economy Standards That Will Make Cars More Expensive Thomas Catenacci on April 5, 2022 President Joe Biden’s …
SANTIAGO -Peru’s ministry of economy and finance announced on Sunday that it would suspend taxes on the country’s most consumed fuels to fight surging prices …
By Jonathan Saul (Reuters) – Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in …
By Timothy Gardner WASHINGTON – The Biden administration may soon consider calls for exemptions to a ban on financing of new carbon-intensive fossil fuel projects …
(Reuters) – Amazon.com Inc is launching a program to double cashback rewards on fuel purchases to up to 12% for Amazon Flex debit cardholders, to …
TRENTON, NJ – Trenton lawmakers are proposing a $500 tax credit to help residents contend with soaring gas prices, energy costs, and inflation. With no …
JAKARTA – High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming …
By Nelson Acosta HAVANA – Cuba’s government said on Wednesday a spike in demand for fuel, caused in part by the failure of the country’s …
By Dave Sherwood HAVANA – Hours-long lines formed at gas stations in Cuba´s capital Havana on Monday after local media reported rationing of fuel in …
– Lyft Inc’s Lyft Direct cardholders will receive an increase in cashback rewards of 4% to 5% on purchase of gasoline until June 30, the …
A look at the day ahead in markets from Julien Ponthus. There’s arguably little central banks can do to tame surging energy and commodity prices …
SINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. …
By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy …
– Lyft Inc on Monday joined Uber Inc to levy fuel surcharge on rides from customers in an attempt to cushion the impact on drivers’ …
NEW YORK, NY – Your UberEats deliveries are about to get more expensive as high prices at the gas pump are being passed on to …
– Uber Technologies Inc said on Friday U.S. customers, excluding New York City, will have to pay a fuel surcharge from March 16 as the …
BRASILIA – Brazil’s Senate approved on Thursday two bills aimed at curbing fuel price hikes with subsidies and tax exemptions, a positive move potentially for …
WASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced …
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could …
By Koustav Samanta SINGAPORE – Global jet fuel prices have surged to near 14-year highs in line with crude oil’s surge on supply shortfall worries, …
WASHINGTON – U.S. Defense Secretary Lloyd Austin has orderd the defueling and closure of the Red Hill fuel storage facility in Hawaii after a leak …
‘Hate To Say It’: Elon Musk Says US Needs To Boost Fossil Fuel Production ‘Immediately’ Thomas Catenacci on March 5, 2022 Tesla CEO Elon Musk …
BRASILIA – Brazilian Senate president Rodrigo Pacheco said on Wednesday that bills to curb rising fuel prices would be on the table next week amid …
Major U.S. oil and gas industry groups urged the Biden administration Thursday to boost domestic energy production amid the ongoing Russian invasion of Ukraine. “The …
Kyiv, Ukraine – Deputy Minister of Defence of Ukraine, Hanna Maliar said on Saturday that Russia’s invasion isn’t going as well as Vladimir Putin had …
By Marcy de Luna HOUSTON – A liquefied natural gas tanker that has been docked at Venture Global’s Calcasieu Pass export terminal in Louisiana since …
HOUSTON – Anahuac Transport Inc. has pleaded guilty to fraud, announced U.S. Attorney Jennifer B. Lowery. Corporate representatives Gary Monteau and Brant Charpiot admitted their …
A Brigham Young University student caused an explosion inside a dormitory kitchen Sunday, according to the school’s police department. The dorm resident had been experimenting …
More than two dozen Republican senators wrote Thursday to President Joe Biden, calling for him to boost domestic natural gas (LNG) production and exports amid …