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06/07/2026 / By Sterling Ashworth
A new study from the Federal Reserve Bank of Boston has found that oil price shocks add less to inflation than in the 1970s and that their effect on...
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06/05/2026 / By Sterling Ashworth
Indian refiners have frozen the price of jet fuel for domestic flights after airlines requested relief from recent fuel price increases, according to...
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06/05/2026 / By Mike Adams
California’s Diesel Crisis Is Real – And It’s Going to Cost You $10 a Gallon
California won't literally run out of diesel next week, but I am...
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06/01/2026 / By Garrison Vance
Israel since 2024 has granted exploration licenses for natural gas in areas claimed by Palestine's maritime boundary off the coast of Gaza, drawing...
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05/29/2026 / By Garrison Vance
Senior executives at Norwegian energy firm Equinor ASA have warned that European natural gas storage could face a critical shortfall if shipping...
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05/25/2026 / By Mike Adams
The Energy Revolution We Actually Need
The war President Trump launched against Iran on February 28 has already cut off an estimated 20 percent of...
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05/22/2026 / By Sterling Ashworth
The British government on Wednesday, May 20, waived sanctions on imports of diesel and jet fuel processed from Russian-origin crude in third...
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05/21/2026 / By Sterling Ashworth
The American Petroleum Institute estimated that U.S. crude oil inventories fell by 9.1 million barrels in the week ending May 15, according to a...
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05/20/2026 / By Sterling Ashworth
Indian state refiners raised their retail prices for gasoline and diesel by the equivalent of $0.031 per liter on May 15, the first such increase in...
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05/17/2026 / By Edison Reed
Moscow Describes Bilateral Ties as Multidimensional
Kremlin Press Secretary Dmitry Peskov said on May 15 that Russia-China relations encompass...
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05/14/2026 / By Garrison Vance
Russia's oil export revenues reached $19.18 billion in April, a $6.28 billion increase from the same month a year earlier, according to the...
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05/14/2026 / By Sterling Ashworth
Total car sales in China fell to 1.4 million units in April, a 21.5% decline compared with the same month last year, according to data cited by...
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05/14/2026 / By Sterling Ashworth
The U.S. Department of Energy (DOE) announced Monday, May 11, that it will loan 53 million barrels of crude oil from the Strategic Petroleum Reserve...
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05/14/2026 / By Sterling Ashworth
Indian Prime Minister Narendra Modi on Sunday urged citizens to reduce fuel consumption by working from home and limiting travel, according to...
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05/13/2026 / By Garrison Vance
Global coal shipments and imports surged in March and April as buyers scrambled for fuel amid massively disrupted oil and gas supply from the Middle...
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05/10/2026 / By Garrison Vance
Brent crude oil fell 4.3% to $96.96 per barrel on May 7, 2026, during volatile trading, as renewed hopes of a U.S.-Iran peace deal emerged, according...
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05/10/2026 / By Garrison Vance
Nearly 10,000 crude oil short contracts, valued at approximately $920 million, were placed at 3:40 a.m. on Wednesday, May 6, without any major news...
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05/09/2026 / By Garrison Vance
U.S. oil product exports surged to a record 8.2 million barrels per day last week, according to Bloomberg reporting. Diesel exports led the increase...
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05/08/2026 / By Garrison Vance
HY Energy, a Chinese fuel trading company, has filed two separate lawsuits in Shanghai and Beijing against JPMorgan and Citigroup, alleging the banks...
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05/06/2026 / By Sterling Ashworth
Chevron’s Mike Wirth Warns of Emerging Physical Shortages in Crude Oil, Asian Markets to be Hit Hard
Chevron CEO Mike Wirth said signs of physical crude oil shortages are emerging, warning that economies will need to slow as demand adjusts to...
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