Page 2 - Mukesh Sahdev News Today

U.S. gasoline futures have jumped sharply in recent weeks.

(Bloomberg) -- Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Ma...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

India’s refining margins have dropped in recent months due to difficulty in securing Russian crude and soaring freight rates.

Indias state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and US sanctions. The attacks in the Red Sea by Houthi rebels have disrupted fuel trade, impacting Indian refiners and potentially eroding their competitive edge.

Demand for sustainable aviation fuel should see a long-sought boost after regional airline hub Singapore said it would require SAF on flights from 2026, but high costs and uncertain raw...

To avoid the Red Sea, the supertanker Grand Bonanza set out early this month on a roughly 40-day journey carrying 1.8 million barrels of Abu Dhabi crude for TotalEnergies from the United Arab Emirates...

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The energy sector in 2024 is set to experience significant changes, including geopolitical influences on oil markets, the growing role of natural gas, and a continued surge in renewable energy.