Weekly U.S. oil demand data by the Energy Information Administration has been significantly overestimated. The weekly demand estimates in March already showed that recent demand strength has been easing off. Continue Reading
The differential for jet fuel in New York Harbor nearly doubled overnight April 1, setting new records for both the outright price and the NYMEX differential for that Platts benchmark Continue Reading
Highlights Global supplies of oils tighten, exacerbated by lower Ukraine output SAF producers use alternate methods to meet growing demand As US airlines seek to lock in sustainable aviation fuel Continue Reading
Benchmark Mineral Intelligence held its inaugural Battery Megafactories Europe 2022 event in Berlin; the event zeroed in on a number of pertinent points for the continent’s EV and battery supply Continue Reading
Biden Wants to Boost Metal and Mineral Production The Biden administration announced it will invoke Cold War powers to boost domestic production of materials for batteries needed to power electric Continue Reading
Strong demand and tight inventories are leading drivers to snatch up vehicles as soon as they hit the lot. Auto makers are expected to report weak vehicle sales for the Continue Reading
Qantas Airways Ltd. said sustainable aviation fuel is the only immediate way to decarbonize flying, placing much of the burden of cleaning up aviation on a kerosene alternative that remains expensive Continue Reading
High pump prices appear to be deterring U.S. drivers at a time when gasoline demand typically picks up with warmer weather. A third straight weekly decline in gasoline demand brought Continue Reading
The IEA recently released a 10-point plan that it estimated could cut global oil demand by 2.7 million barrels per day in just four months. While the timeline and some Continue Reading
For years, Volkswagen AG thrived as a global company, building and selling its cars all around the world. But as war, health scares and trade disputes roll back decades of Continue Reading
