Oil prices under pressure as China considers Russian crude

China added some downward pressure on oil prices this week when it clearly indicated its intention to buy more discounted Russian oil. Between China and India, Russia is racing to focus on Asia as the European Union tries to get rid of its oil. Oil Price Alert: This week Global Energy Alert It highlights two … Read more

High petrol and diesel prices remain

Gasoline and diesel prices in the United States are hitting record highs almost every day these days, as crude oil prices have stabilized above $110 a barrel, the Russian invasion of Ukraine has sent global crude oil and refined product trade flows up, and refining capacity globally is now less than It was before. Pandemic … Read more