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Energy
Trump’s diesel order exposes White House limits to counter surging fuel
Truckers likely won't see much in the way of relief from President Donald Trump's executive order that allows them to use off-road diesel fuel on America's highways without federal penalties, analysts say.Off-road diesel is exempt from…
Why higher diesel costs could make groceries and goods more expensive
Stanlow Petrol Refinery in Ellesmere Port, England, Oct. 2, 2026.Ryan Jenkinson | Getty Images News | Getty ImagesConsumers are feeling the pinch of higher gasoline prices. But another type of fuel — diesel — also threatens to push up…
Saudi Aramco CEO says replenishing stocks could take two years
The chief executive of Saudi Aramco said Monday it could take up to two years to rebuild global oil inventories, warning that the squeeze on supplies could yet get worse as the U.S.-Iran war drags on.Speaking at the Energy Intelligence…
Transport Minister insists UK is not facing a diesel shortage
The government has insisted that the UK is not facing a diesel shortage despite Donald Trump threatening to cut off US supplies of the fuel.
In an interview on Good Morning Britain, Transport Minister Keir Mather assured…
New ‘super-cycle’ hedges for market burned by supply shocks, inflation
Oil has been a great trade in 2026, with wars between the U.S. and Iran war and Russia-Ukraine resulting in rising crude prices and big profits for opportunistic traders. Broad-based energy sector ETFs such as XOP are up roughly 40% this…
Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious
Mike Dunleavy, governor of Alaska, from left, Howard Lutnick, US commerce secretary, US President Donald Trump, Senator Dan Sullivan, a Republican from Alaska, and Doug Burgum, US secretary of the interior, during an announcement in the…
Living rooms are biggest strain on home heating demand
According to a new study, living room accounts for the biggest share of heating demand in the average UK home at 28%, closely followed by the bedroom at 25.9%. With the energy price cap set to rise by 4% from 1st October, UK…
Senators clinch construction permitting reform deal before election
Sen. Shelley Moore Capito, R-W.V., speaks during a press conference at the Capitol in Washington, May 20, 2025.Ken Cedeno | ReutersSenators on Wednesday clinched a long-awaited construction permitting deal just before the chamber is set…
Cornwall lithium mine gets £43 million investment
A lithium mine in Cornwall is set to support more than 100 jobs, following a £43 million investment pledge from Geothermal Engineering Limited (GEL), which is backed by nearly £10 million from the government’s automotive…
Jim Cramer stocks to buy as oil, bond yields squeeze the market
CNBC's Jim Cramer said that two persistent market foes are making stock investing increasingly difficult — but that doesn't mean investors should head for the exits.We're talking about oil prices and bond yields, which have been the keys…