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OPEC Still Sees Tight Oil Market Despite Supply Increases

OPEC and its partners will need to provide an average of 43.45 million barrels a day in the second half of this year, considerably more than the 42.4 million they pumped in August.

September 11, 2025

Biofuel Shares Hit as Policy Speculation Stokes Demand Fears

Biofuel company shares dipped on fears that Trump administration policies may fall short of offsetting exemptions from mandates requiring refineries to blend renewable fuels into gas and diesel.

September 10, 2025

Georgia's Electric Mobility Dream Tested After Hyundai Raid

Can Georgia Gov. Brian Kemp be both tough on immigration and encourage foreign companies to invest?

September 10, 2025

Europe Car Bosses Tout EVs, Warn Against Combustion-Engine Ban

European car executives are walking a fine line at this week’s Munich auto show: Touting how swell their new EVs are while warning Brussels that they can’t possibly sell only EVs by 2035.

September 9, 2025

California Might Pay Valero to Prevent Refinery Shutdown

California legislators are considering giving Valero hundreds of millions of dollars to cover refinery maintenance costs in a bid to prevent the closure of a San Francisco-area fuel plant.

September 9, 2025

Newsom to Curb Offshore Oil in Exchange for Onshore Output

Restrictions would impose a setback to Sable Offshore and its controversial project off the coast of Santa Barbara County.

September 9, 2025

OPEC+ Output Signals Spur Options Bets Oil Will Tick Below $60

A flurry of bets on Brent crude falling below $60 a barrel this year changed hands recently, a sign investors are hedging against the risk of another large production hike from OPEC and its allies.

September 5, 2025

475 Workers Detained in Hyundai Georgia Plant Raid

The raid focused on the battery plant construction site and agencies are investigating allegations of unlawful employment practices and other serious federal crimes.

September 5, 2025

OPEC Adds 400,000 Barrels Daily in August Supply Hike

The extra barrels have so far only put modest downward pressure on crude prices, but threaten to unleash a major surplus in the coming months, according to the International Energy Agency.

September 3, 2025

Oregon Could Join Hawaii in Mandating Per-Mile Fees for EVs

Hawaii was the first state to create a mandatory road usage charge program to make up for decreases in fuel tax revenue due to the growing number of electric, hybrid and fuel-efficient cars.

August 29, 2025