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There are few commodities that transport a similar amount of value, as does crude oil. It is an ingredient in gasoline, diesel, jet fuel…Continue reading on Medium »
Refiner Motor Oil’s Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) exceeded €1 billion in the first half of 2026, on the back of strong sales growth and the...
From NIPA accounts: Figure 1: Petroleum and petroleum product exports (blue), imports (red), both in bn.$, SAAR. Source: BEA. For the balance in physical units of crude oil, here’s...
Small pumps and truck engines are used to extract crude from the ground in parts of the country, which has tens of thousands of community-run oil wells.
From EIA today: Through yesterday, gasoline (diesel) is 36.2% (34.8%) above pre-War levels, while 11.9% (9%) below prior peak. Oil as of 7/13 was 40.9% below prior (US-Iran wartime...
متحدہ عرب امارات نے خلیج کے اندر سے خام تیل ہرمز سے باہر پہنچا کر اپنی برآمدات جاری رکھی ہیں
A sanctions-hit tanker is leaking oil off the coast of Oman and the spill has spread in recent days, increasing concern about possible environmental damage to coastal areas, accord...
The energy giant said the US-Iran war, which has caused oil prices to spike, helped drive its second best quarterly profits ever. Howard Cox, founder of FairFuelUK, said: 'This is...
Shell Plc CEO Wael Sawan said the market for oil products was being squeezed by the "triple threat" of Russian refinery attacks and the dangers to shipping in the Persian Gulf and...
WTI crude oil is knocking on trend resistance, with Hormuz tensions and U.S. CPI likely deciding its next move.
Strait of Hormuz transits remain risky, but Gulf producers are turning to ship-to-ship operations offshore UAE and Oman to deliver barrels t...
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