Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
Starting in January, BMW will fill up all new diesel models it builds in Germany with HVO 100 hydrotreated vegetable oil. The German automaker is working with Finnish manufacturer Neste on the ...
Oil companies are poised to raise the pump prices of all fuel products this week. Shell, Seaoil and Cleanfuel said that gasoline prices will go up by P0.80 per liter, diesel by P0.80 per liter, and ...
OIL PRICE UPDATE – Gasoline and diesel prices are expected to go up again next week, continuing the rising trend seen over the past few weeks. According to the Department of Energy (DOE), gasoline ...
Many gas stations across the island have been shuttered for days as an unusually severe shortfall has left the nation nearly devoid of gasoline and diesel ... lines at the pump in Havana.
The price of high-speed diesel may go down by Rs3.90 per litre effective from December 16 in line with fluctuations in the global oil market. Diesel is mainly used in transport and agriculture ...
Diesel prices are set to rise next year from the currently depressed levels as several refineries in developed countries are scheduled to cease production of fuels, analysts and traders have told ...
He wants to cut America’s federal budget deficit to 3% of GDP, lift annual economicgrowth to 3% and boost the country’s oil and gas output by the equivalent of 3m barrels per day (b/d ...
Pump prices are shown at a gasoline station on Quirino Avenue in Manila in this file photo. Oil firms announced Monday they will hike gasoline prices and reduce diesel and kerosene prices this week.
OPEC+ pumps around half the world's oil. "The overall signal to the market is constructive and will likely prevent any price downsides in the short term," Rystad Energy's global head of commodity ...
Metro Vancouver has passed a plan to swap diesel feeding a fleet of heavy-duty trucks in favour of a low-carbon fuel made from inedible animal fats and used cooking oil. The phase-out of fossil ...