DHL has confirmed new strategic collaborations with bp and Neste, to provide more than 800 million liters (211 million gallons US) of Sustainable Aviation Fuel (SAF) to DHL Express within Continue Reading
Crude oil futures were higher in mid-morning Asian trade on March 21, as the supply outlook remained tight on the back of reduced Russian supplies and a continued recovery in Continue Reading
Oil surged for a third day as the war in Ukraine neared the end of its first month with no conclusion in sight, while attacks by Iranian-backed rebels on energy Continue Reading
Oil prices jumped more than $3 on Monday, with Brent above $111 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a Continue Reading
An increasingly illiquid oil market may lead to wild price swings. Since the beginning of the war in Ukraine, traders and speculators have been cutting their open interest in crude Continue Reading
Nations around the world are waking up to the threat of a global food crisis and taking steps to secure their own supplies. War between Russia and Ukraine, two of Continue Reading
The commodity price spike that’s been worsened by Russia’s invasion of Ukraine isn’t an equal-opportunity dispenser of economic distress. The commodity price spike that’s been worsened by Russia’s invasion of Continue Reading
The head of the United Nations on Monday warned that the world is “sleepwalking to climate catastrophe,” as the ongoing pandemic, the war in Ukraine and a lack of political Continue Reading
Russia’s invasion of Ukraine has sent oil prices soaring and could soon deprive oil markets of more than four million barrels of Russian oil. For decades, OPEC has been looked Continue Reading
Yemen’s Iran-aligned Houthi group fired missiles and drones at Saudi energy and water desalination facilities, causing a temporary drop in output at a refinery but no casualties, the Saudi energy Continue Reading
