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December 19, 2023 Comments Off

Sub-Saharan Africa's biggest oil producer began 2023 with lofty aims. In a January speech, Mele Kyari, head of state-owned Nigerian National Petroleum Corp, said the country would boost crude production to 2.2 million

December 19, 2023 Comments Off

Demand continues to outweigh supply as milder temperatures across the Atlantic basin dampen demand from the heating sector. Platts, part of S&P Global Commodity Insights, assessed the February JKM at $11.907/MMBtu and the

December 19, 2023 Comments Off

Data showing an apparent spike in European supplies of used cooking oil -- a key feedstock for biodiesel and sustainable aviation fuel -- has reignited concerns over widespread customs fraud allowing less-sustainable palm

December 19, 2023 Comments Off

The global oil tankers industry has mostly included the longer route of Cape of Good Hope as an option to move cargoes to Europe from the Persian Gulf and the Red Sea, which

December 19, 2023 Comments Off

Strong projected demand for jet fuel in 2024 is set to support clean tanker markets globally, with growing deliveries of petrochemical feedstocks to China and longer predicted sailing distances also contributing to a

December 19, 2023 Comments Off

The UK will implement its own carbon border adjustment mechanism (CBAM) by 2027, which will put a carbon charge on imports of iron, steel, aluminum, ceramics and cement into the UK, the government

December 18, 2023 Comments Off

There’s no stopping the market. Fresh off seven straight weeks of gains, major indexes mostly rose Monday as they attempted to maintain their momentum.

December 18, 2023 Comments Off

Bitcoin and select altcoins are witnessing profit-booking on rallies, increasing the likelihood of a short-term pullback.

December 18, 2023 Comments Off

Rudy Giuliani made a series of false claims about ballot fraud after the 2020 election, which his client Donald Trump lost to President Joe Biden.

December 18, 2023 Comments Off

The company's stock is down 53% this year as high interest rates have depressed demand.