Why California faces high gas prices
California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of…
U.S. funding bill blocks China from buying oil from Strategic Petroleum Reserve
A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block China from buying oil from the Strategic Petroleum Reserve, or SPR. The desire for a…
Top energy analyst Paul Sankey
The new normal for crude oil could be $100 a barrel, according to leading energy analyst Paul Sankey. Sankey, ranked No. 1 by Institutional Investor for energy independent research in…
Oil protesters arrested after throwing tomato soup at Van Gogh painting
Activists of “Just Stop Oil” glue their hands to the wall after throwing soup at a van Gogh’s painting “Sunflowers” at the National Gallery in London, Britain October 14, 2022.…
Polish firm wants Rosneft’s old stake in PCK Schwedt refinery: Reuters
The German government placed PCK refinery in Schwedt, Brandenburg, under trusteeship. Now Reuters reports that Polish refiner PKN Orlen wants to take over the part of the facility owned by…
Inflation ‘collapse’ will spark big stock market gains: Credit Suisse
Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will launch…