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President Biden has canceled plans to refill America's emergency oil reserve — here's why and what it means for you

The DOE previously announced in March that it was soliciting 3 million barrels of oil for its Bayou Choctaw site in Louisiana — one of four major storage facilities for the Strategic Petroleum Reserve (SPR). read more

The other oil crisis: Crop failures leading to sharp increase in price of cooking oil

UK vegetable oil harvest could be cut in half, while olive oil prices have hit record levels as climate impacts bite read more

Labour urged to support oil and gas sector to enable green transition

A leading industry figure said skills and capabilities in existing supply chains can play a key role in the move to clean energy. read more

Why the world of chocolate is in crisis

While the world had enjoyed chocolate on the cheap for decades, trees were older and crop disease was rampant. For the world's chocolate makers, the crisis is here. read more

How will the oil crisis impact the Indian markets?

Cafemutual spoke to fund managers to understand the impact of the escalating Middle East conflict on Indian markets. read more

$100 Oil Could Shatter Economy –Climate Crisis AM Edition 4/16/24

Recently several oil companies CEOs have said that they will need to pump oil indefinitely because of a rising global need for energy. Additionally, recent reports show that many emerging markets do not have the capital to reach their 2050 goals. read more

Venezuela’s economic crisis fueled by looting of its state-owned oil company

PDVSA, the country’s main source of income, has been plundered by decades of corrupt and incompetent management read more