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6 hours ago · Rapid EV adoption has elicited dire predictions for the oil sector. Last year, Bloomberg predicted that global demand for road fuel will peak in 2027 at 49 million barrels per day driven by the ...
4 hours ago · Learn how gas and fuel prices are determined and what influences petrol price today..Among 104 researched countries, the lowest petrol price was observed in Algeria (34 US cent/litre) and the highest price – in Hong Kong (US$2.44 .Hong Kong on the other hand stands out as the country with the highest price of petrol per litre ($3.00/litre)..
1 day ago · U.S. oil refineries have been processing petroleum at the fastest rate for the time of year because before the pandemic, however rising fuel inventories have started to weigh on crack spreads and most likely signal a slowdown ahead. Refineries processed 17.5 million barrels per day (b/d) of crude and other feedstocks over the week ending on June 7, the fastest seasonal rate since 2018 ...
1 day ago · European stocks fell on Friday as French stocks and bonds took a battering from political turmoil, while elsewhere investors weighed up the U.S. rates outlook after a week of mixed signals. At 0934 GMT, the STOXX 600 was down 0.6% on the day . France's CAC 40 was down 1.6%, plunging to its lowest because February. President Emmanuel Macron's grip on power has deteriorated after left-wing ...
1 day ago · Rapid EV adoption has elicited dire predictions for the oil sector. Last year, Bloomberg predicted that global demand for road fuel will peak in 2027 at 49 million barrels per day driven by the rapid adoption of electric vehicles, ever-improving fuel efficiency, and shared mobility.
4 hours ago · Govt hikes petrol price by Rs9.99, diesel’s by Rs6.18 per litre Trump nominated for president, picks J D Vance for running mate Govt decides to ban Pakistan Tehreek-e-Insaf
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1 day ago · Crude oil, a major export of Russia, declined in price by nearly 50% between its yearly high in June 2014 and 16 December 2014. The second was the result of international economic sanctions imposed on Russia following Russia's annexation of Crimea and the Russian military intervention in Ukraine .
