SCO & BRICS latest news and insights
By Rhod Mackenzie
For the last half a century or so, the world's demand for fuel has remained constant at between 0.15 and 0.2 gallons (0.7-0.9 litres) of fuel per person per day. During the Covidien pandemic, this figure fell, but not below the lower limit. Plus it only seemed to remain at the lo...
By Rhod Mackenzie
Oil futures have risen sharply recently (early on 19th September they were close to $95 a barrel in London trading), but their growth is nothing compared to that of diesel futures, which in the United States, for example, hit a new record of over $140 a barrel in mid-September. I...
By Dmitry Migunov
Diesel fuel prices are breaking global records, at least when compared to oil prices. A similar situation is observed in several parts of the world at once. The reasons for the fuel crisis were high demand for diesel in China, as well as a ban on the supply of this oil product fr...
