Left-wing ex-guerrilla candidate for Columbia President Gustavo Petro, has indicated if elected, he will seek to end the country’s sugar and oil industries. In place of the petrochemical industry, he…

Sabinal Energy is preparing its assets to sell the company in a deal which could bring in more than $1 billion, according to sources close to the situation. The company…

The average price for unleaded gasoline rose above $5 per gallon nationally for the first time. Oil supply constraints produced by the war in Ukraine, rising demand due to the…

Natural gas prices surged in Europe after a fire damaged an LNG export terminal in the US, wiping out US deliveries to a market which was already hurting from the…

The White House announced a planned series of steps to work toward a planned network of 500,000 EV charging stations across the nation’s highways and rural communities. The White House…

Trafigura Chief Jeremy Weir says of oil, “We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to…

As Europe seeks to place an embargo on Russian oil products, many opportunists are discovering ways around the sanctions and profiting mightily. According to Refinitiv data, shipping records, and analysis…

High gas prices may be beginning to erode into demand at the pump. Several strategists recently weighed in on what will happen as consumers dial back demand in the face…

News of higher temperatures to come in the next week, combine with lower production levels caused natural gas prices to spike up to a 13 year high Monday. At 5:00PM…

DataTrek is warning that the trigger for a recession could be a sustained high price for crude. DataTrek researchers stated in a new note, “We still believe $140/barrel is the…