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U.S. Gasoline Prices Surge To New Record High On Memorial Day

U.S. gasoline prices hit a new all-time high on Memorial Day, the start of the summer driving season, with the national average exceeding $4.61 per gallon

United-states , Russia , Ukraine , Russian , Tsvetana-paraskova , Energy-information-administration , Biden-administration , Memorial-day , Diesel-fuel-update , Asoline , Asoline-prices , Il

Why The West Shouldn't Expect More Oil From Saudi Arabia

Recent comments from Saudi Arabia show that the kingdom either isn’t able, or isn’t willing to heed Western calls for more production

United-states , United-kingdom , Washington , White-house , District-of-columbia , Yemen , Saudi-arabia , Riyadh , Ar-riya- , Russia , Russian , Saudi

Memorial Day Gasoline Prices Are At An All-Time High

Inflation-adjusted—or real—gasoline prices in the United States heading to the Memorial Day weekend are at their highest in a decade

United-states , Russia , Ukraine , Russian , America , Tsvetana-paraskova , Energy-information-administration , Memorial-day , Diesel-fuel-update , Asoline , Asoline-prices , Il

Petrobras Warns Diesel Shortage Is Looming Over Brazil

Brazil's state oil major Petrobras has warned the government that the country could slip into a diesel shortage this year unless the company is allowed to sell the fuel at market prices

Brazil , Brazilian , Jose-mauro-coelho , Caio-mario-paes , Jair-bolsonaro , Petrobras , Reuters , President-jair-bolsonaro , Ignacio-lula , Financial-times , Caio-mario-paes-de-andrade , Irina-slav

IEA: Energy Crisis Shouldn't Lead To Higher Reliance On Fossil Fuels

The current energy crisis and record fuel prices should not be an excuse for the world to increase further its dependence on fossil fuels according to IEA chief Birol

Saudi-arabia , United-states , United-arab-emirates , Paris , France-general- , France , Russia , Switzerland , Ukraine , Russian , Tsvetana-paraskova , Fatih-birol

Americans Drive More Than Pre-Covid Despite Record Gas Prices

Americans are driving more this year than in the same period in 2019, the last ‘normal’ year before COVID, despite the fact that U.S. gasoline prices have been soaring and hitting records every day in the past week

United-states , Russia , Ukraine , Russian , Americans , Tsvetana-paraskova , Federal-highway-administration , Vehicle-miles , Memorial-day , Gasoline , Riving

China's Oil Demand May Rebound If Shanghai Reopens In June

Shanghai is expected to return to more or less normal life as of June 1, boosting demand for fuel and crude oil products

China , Shanghai , Russia , Ukraine , Chinese , Russian , Zong-ming , Tsvetana-paraskova , Monthly-oil-market-report , Reuters , Deputy-mayor-zong-ming , Il-demand

Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown

Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a prolonged hit

China , Saudi-arabia , Shanghai , Russia , Chinese , Russian , Saudi , Zong-ming , Charles-kennedy , European-union , Saudi-joint-organizations-data-initiative , Oil

Diesel Prices Hit New Record On Wednesday

Diesel prices hit yet another new record on Wednesday at $5.43 per gallon, now some $1.2 more than a gallon of gasoline, according to AAA

New-york , United-states , Russia , Syracuse-university , Ukraine , Patrick-penfield , Charles-kennedy , Professor-patrick-penfield , Diesel , S- , Efining , Istillates