U.S. refiners forecast strong first-quarter earnings as margins on gasoline and diesel sales improved, refining capacity fell sharply and crude supplies tightened due to the Russia-Ukraine war.Global refining capacity has declined amid the coronaviru…
The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said recently that US economic sanctions against Venezuela have affected global energy supplies. He told Venezuelan media that the ECONOMIC sanctions imposed by the Uni…
Commodity prices are on track for their biggest rally in more than a century, while fixed-income assets have seen their longest run of outflows as the war in Ukraine adds to inflationary pressures in the global economy emerging from the coronavirus l…
Recently, covid 19 outbreak spreads in Shanghai, China. There are more than 25,000 new asymptomatic domestic infections every day. China is implementing a dynamic zero-out policy. A leading respiratory expert said the key to COVID-19 prevention and c…