Europe Pays $231 Million a Day Extra for Diesel as Fuel Prices Hit $12 a Gallon
EU consumers pay an extra $231 million daily for diesel as prices hit $12 a gallon, forcing billions in subsidies and a delicate lobbying effort in Washington.
Topic
Oil
Topic
Oil
VDE Crushed TAN: Vanguard Oil Fund Returns 46.8% vs Solar's 6.7%
Vanguard's VDE returned 46.8% over the past year against 6.7% for Invesco's TAN. Over five years, $1,000 in VDE grew to $3,085; i…
Saudi Arabia Restarts East-West Pipeline After Drone Attack
Saudi Arabia has restarted its East-West Pipeline after a September 11 drone attack, three sources said, pushing Brent toward $97…
Ex-Goldman Executive's Oil Startup Prepares $67 Million IPO
An oil startup founded by a former Goldman Sachs executive is preparing a $67 million IPO, Transport Topics reports, moving from…
Ex-Goldman Commodity Chief Currie's Oil Startup Heads to IPO
An oil startup backed by Jeff Currie, Goldman Sachs' former commodity research chief, is preparing for an IPO, Bloomberg reports.…