Extreme socioeconomic inequality, weak central governments, organized crime, and the vast profits generated by cocaine have inflamed geopolitical instability in Latin America for decades. That
Category: Oil
Oil
The American Petroleum Institute (API) reported a small build this week for crude oil of 567,000 barrels. The draw comes even as the Department of
Last month, we reported that India had doubled down on Russian oil after the west slapped a chain of sanctions on Moscow. India has never
The world’s largest oil company, Saudi Aramco, cannot increase its oil production capacity any faster than it has already promised, the head of Saudi Aramco
With U.S. drivers preparing for Memorial Day weekend, gasoline demand is set to increase just as inventories continue to drop, pushing prices even higher.The executive
Rotterdam betting on a portfolio of hydrogen carriers Europe’s largest port is poised to become a key hub of a new “hydrogen economy” with
U.S. oil markets are preparing for hurricane season amid already low oil product stockpiles, as forecasts predict a more active season this year. Between six
The UK hasn’t seen the worst of its cost-of-living crisis as energy bills could soar by another 42% in less than six months’ time when
Slapping a windfall tax on electricity generators would be a “challenging proposition” and could hamper the UK’s net-zero ambitions, according to business secretary Kwasi Kwarteng.
Steel prices and gas are the primary topics of conversation today. It seems that steel traders in China are seeking more buyers abroad for their