China Tightens Grip on Global Shipbuilding
According to gCaptain, citing BIMCO analysis, China has strengthened its dominance in the global shipbuilding industry, securing 74% of new shipbuilding orders over the...
US Releases Emergency Heating Oil Ahead of Winter
The U.S. Department of Energy announced an exchange of up to 315,000 barrels of ultra-low sulfur heating oil from the Northeast Home Heating Oil...
Strong Diesel Demand Drives U.S. Refinery Activity to Record Highs
According to the U.S. Energy Information Administration (EIA), U.S. refinery utilization averaged above 95% from May to September, the highest level for those months...
Trump’s Policies Drive U.S. Manufacturing Resurgence
A new analysis by the White House Council of Economic Advisers (CEA) finds that President Donald Trump’s economic policies, including tariffs, tax incentives, and...
India at Center of US Push to Reshape Global Oil Trade
US Secretary of State Marco Rubio is visiting Reliance Industries’ Jamnagar refinery in Gujarat, India, to discuss energy cooperation, commercial investment, and global oil...