Crude oil
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 »
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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 »
The whole thing is a farce. A publicity stunt.The U.S. consumes roughly 3.8 to 4.0 million barrels of distillate fuel oil (diesel) per day. The initial Russian shipment of 300,000...
But the continued shortfall of refined products means little relief at the pump.
But when Nigeria earns extraordinary petroleum revenues, a defined portion should return to Nigerians through energy-price stabilisation and investment in the infrastructure that l...
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...
LONDON: The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to cha...
Data through 9/7 from the EIA: Source: EIA via FRED. Black + denotes November Brent futures as of 9/9/2026, 2pm CT. The black “+” above is the near month futures price. Cash as of...
Brent crude futures rise 27 cents, or 0.3%, to $100.59 a barrel
The ministers affirmed the critical importance of safeguarding the international maritime routes to ensure the uninterrupted flow of energy
Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz - despite th...
NEW DELHI/TOKYO: Oil prices held firm on Thursday as recovering Gulf crude exports and a surprise rise in U.S. inventories eased supply concerns, while investors assessed renewed U...
Saudi Aramco CEO Amin Nasser said, "Less than 6 billion barrels of commercial inventories remain today, with the vast majority not practically available."
Paris: The International Energy Agency (IEA) said Saturday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves,...
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