Update (1100ET): In the latest sign that Germany, Italy and others are complying with Russia's demands to make gas payments in rubles, Sky News reports that the amount of Russian gas flowing into the EU hit its highest level in four months on Friday,
When OPEC+ meets on Thursday in what is set to be another extremely short meeting, the world's largest oil exporters will ratify another scheduled oil production increase of ~400k b/d to avoid "public rupture" with Russia, RBC oil strategist Heli
Since the original republic came to an end just over a century and a half ago and a single national state began (The United States as opposed to These United States, the political unit (Republicans, Democrats, Progressives, Socialists, etc.) through
Following Russia's invasion of Ukraine about a month ago, the U.S. and its western allies swiftly imposed a raft of economic and trade sanctions on Russia, notably on buying oil, a partial SWIFT ban and against billionaire oligarchs seen as close to
After EU leaders regrouped on Friday for the second day of a Brussels summit organized to allow them to discuss strategies or ratcheting up the pain on the Russian economy (which is already facing the most stringent international economic sanctions e
IEA said Western economies could reduce daily oil demand by 2.7 million barrels within four months by restricting how people drive, indicating the move to reduce highway speed could almost offset the 3 million barrel-a-day loss of Russian production
As President Biden tries to pin blame elsewhere on the rip-offs at the gas pump, the fact remains that the policies of his administration are the chief culprit. Yes, his administration has had some help, primarily from the counterfeiting Federal Rese
Oil registered heavy losses Tuesday, building on Monday's decline, as myriad factors weighed on sentiment, including talks between Russia and Ukraine, a potential slowdown in Chinese demand and unwinding of trades ahead of the Federal Reserve's e
Last week my neighbor cautioned me that I needed to fill up with gas that night. "I'm friends with the owner of the gas station. He's bumping up prices 30 cents per gallon tonight," my neighbor told me.
In this video, I share exactly how green hydrogen and fuel cells play a key role in reducing our dependence on oil and the steps Nikola Motors is taking to tackle the decarbonization problem. Make sure to drop me a thumbs up if you enjoyed this video
With Brent crude climbing steadily towards $130 per barrel, fears of an economic slowdown and even a slip into recession have reared their heads among traders, very likely reinforced by warnings of food supply troubles because of the war in Ukraine.