Analysis by Sydney Casey As the world continues investing in renewable fuel solutions, Canada is betting that it can help meet global renewables demand. Recently, the EPA passed a new rule under the Renewable Fuel Standard noting that renewable fuels made from canola oil qualify as advanced biofuels, meaning they reduce greenhouse gases by 50% […]
Oil Resumes Rally with Prices Doubling Over Last Five Days Futures in New York rose above $25 a barrel after earlier breaking above their 50-day moving average for the first time since January. Russian oil production was down 16% in the first five days of May, Interfax reported, while Plains All American Pipeline LP sees […]
India Could See Real Growth in Oil Demand Next Year Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. With weakened demand caused by an economic slowdown, a slump in new vehicle sales, and flooding during monsoon season, the growth number […]
