Europe Increases Imports of Russian Fuel Oil
Crude oil hovers near oversold levels as USO trades at 103.98 dollars, while Russian fuel oil flows swing back toward Europe and the Middle East, away from US Gulf Coast…
Aaron Roberts4 min read
Energy
Aaron Roberts4 min read
Oil Prices: Why Iran Supply Crunch Could Push Crude Below $40 a Barrel
United States Oil Fund (AMEX:USO) traded at 103.98 dollars on July 2, 2026, up 0.69% on the day but still sitting deep in a 52 week range that stretches from…
Tara Burke6 min read
UK Oil Boiler Ban Sparks Debate
UK energy suppliers are pushing back against Conservative backbench pressure to slow the switch to heat pumps, insisting the technology is cheaper, cleaner and ready for wider rollout even as…
Oliver Davis2 min read
Heating Oil Powers Homes as an Essential Fuel
Heating oil is closely tied to crude oil, but seasonal demand, refinery priorities and shipping costs shape household expenses. The available figures include a notable inventory shortfall and the 2008…
Logan Ruiz3 min read
NYMEX Exchange Explained in a Complete Guide
The New York Mercantile Exchange helps set benchmark prices for energy and metals through futures trading. Learn how it fits into CME Group, why businesses use its contracts, and what…
Trevor Harris4 min read
Wellbores Explained With Their Definition, Function and Examples
A wellbore is the drilled route to resources such as oil, gas and water. Learn how casing, cleaning, drilling conditions and centuries of technique shape the well’s construction and operation.
Oliver Davis3 min read
S&P GSCI Commodity Types and Drawbacks Explained
The S&P GSCI tracks 24 commodity futures across five sectors, with energy accounting for the largest listed share. Learn how production based weighting, annual rebalancing and automatic futures rolls shape…
Tara Burke10 min read
