Saudi Aramco, the state-run oil giant of Saudi Arabia, says it is looking to develop more efficient fuels and sophisticated combustion engines to help reduce CO2 emissions and secure the company’s business. [Read more]
Hedge funds completed the wave of crude oil futures and options sales last week but there were heavy sales of derivatives linked to middle distillates. Hedge funds net sellers of 649 million barrels in the [Read more] [Read more]
Global oil markets are increasingly over-supplied with light distillates, such as gasoline, while there are not enough middle distillates, such as diesel, which has opened a big price differential between the two fuels. McEvoy Oil [Read more]
Electricity consumption is higher in all cases Autonomous vehicles are one of the main sources of uncertainty in the future of U.S. transportation energy consumption, as autonomous vehicle technology has the potential to change travel [Read more]
About two-thirds of households with BEVs or PHEVs have incomes higher than $100,000 Electrified vehicles (hybrid electric, plug-in hybrid electric, and battery electric) have been sold as high fuel economy alternatives to conventional gasoline vehicles [Read more]
In 2017, biodiesels accounted for4% of total diesel consumption Biodiesel is a renewable fuel made from various feedstocks, including refined vegetable oils, recycled cooking oils, and rendered animal fats. Different feedstocks produce biodiesel with distinct [Read more]
Renewable diesel imports were 4.7 million barrels in 2017, 12% lower than in 2016 U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, totaled 14.1 million barrels in 2017, a 36% decrease from [Read more]
Mayor of Rome Virginia Raggi said “If we want to intervene seriously, we have to have the courage to adopt strong measures”. Nearly all of the pollution in Rome is caused by motor vehicles On [Read more]
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