The Latest Breaking News from Oil

It might seem somewhat strange for one of the biggest electric car producers to open a factory in one of the world’s major oil-producing countries, but it actually boils down to the story of the most exciting economic transformation of the 21st century. “It is one of the most exciting…

NEW DELHI: A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine.

Rosemary Penwarden says the vehicle, powered by home rooftop solar, has been running smoothly for three years and has thanked oil companies for the motivation

KENDRAPADA: A major disaster was averted at the port town of Paradip in Odisha's Jagatsinghpur district on Thursday after the Indian Oil's Paradip-Haldia pipeline burst near the refinery there. It took the Indian Oil Corporation Limited (IOCL) more than four hours to repair the damaged pipeline. No loss of life…

Over the last couple of weeks, we've increased our allocation of stocks. Last week and earlier this week, I was uncertain whether this was the correct move. But, the last 2 days of market action are validating those moves as the S&P 500 (SPY) finally seems to be commencing its…

Heading into the US summer driving season, Americans are fueling up but how long before they have to hit the brakes?

In case you forgot, crude oil prices are still at astronomical prices. As of writing, WTI futures are trading at $114 per barrel, while Brent crude futures are trading at $117 per barrel.

Innobic (Asia) Co., Ltd., a wholly-owned subsidiary and life science arm of the national oil and gas conglomerate PTT, together with Aztiq HK Ltd., is acting on its promise to uplift Thailand’s life science business by completing a deal to buy out Alvogen Emerging Markets Holdings Ltd. (AEMH), raising Innobic’s…

Humanity currently faces multiple interlinked existential crises. The catastrophic consequences of climate change, ecological degradation and biodiversity loss have cascading knock-on effects on human health and well-being. As the Covid-19 pandemic illustrates, ecosystem damage can contribute significantly to a global public health emergency. But scientists are also increasingly finding that…