Sen. Warren warns Fed Chair Powell not to ‘drive this economy off a cliff’
The Federal Reserve should make sure that its rate increases do not push Americans into the unemployment lines, said Sen. Elizabeth Warren, the Democrat from...
The Perfect Storm In Oil Caught Markets Off Guard
Two years ago, at the height of the pandemic, BP wrote in its annual Energy Outlook that global oil demand had peaked at around 100...
UK Inflation Jumps Above 40-Year-High As Food And Energy Prices Soar
The cost of living in the UK bumped above an already 40-year high last month driven higher by soaring energy and food prices. That’s according...
Anti-Oil Lobby Faces Reality Check As Global Demand Is Set To Break Records
Last year, the International Energy Agency made headlines by calling for an end to new oil and gas exploration by the end of the year....
US Senate Propose Bill Classify Cryptos as Commodities Like Oil By CoinQuora
[ad_1] US Senate Propose Bill Classify Cryptos as Commodities Like Oil Members of the US Senate are proposing a bill to classify digital assets as...
IEA: Current Energy Crisis Is “Much Bigger” Than 1970s Oil Crunch
The world faces a “much bigger” energy crisis than the one of the 1970s, the Executive Director of the International Energy Agency (IEA), Fatih Birol,...
Gasoline Prices Top $6 In California, $9 In Parts Of Europe
Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6, compared to over...
Deutsche Bank not financing controversial African oil pipeline, source says By Reuters
[ad_1] 2/2 © Reuters. FILE PHOTO: The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS/Simon Dawson...
Saudi Aramco net profit soars 82% in Q1 on high oil prices By Reuters
[ad_1] © Reuters. FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo DUBAI...
For oil refiners, now is the summer of distillate content By Reuters
[ad_1] © Reuters. FILE PHOTO: A nighttime view of Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, diesel fuel,...