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CommodityOilPrice.com

New Jersey Moves to Block Trump's Russian Diesel Imports

New Jersey Democratic Governor Mikie Sherrill warned port and terminal operators in the state against "purchasing or unloading the illegal Russian fuel currently bound for the east coast of the United States." Sherrill's move threatens to complicate President Trump's efforts to bring Russian diesel into US markets to ease high industrial fuel prices amid a severe global refining squeeze fueled by…

CommodityOilPrice.com

Dangote Breaks Ground on $2.5 Billion Namibia Fuel Hub for Southern Africa

Aliko Dangote, Africa’s richest person whose Dangote Group operates the biggest refinery on the continent, on Wednesday broke ground for a planned fuel storage site in Namibia, which will serve as a fuel distribution hub in southern Africa. “We want to heavily invest so that most of the landlocked countries will be able to access petroleum products at a cheaper price,” Dangote said at a…

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