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NEWS

Oil Prices and Energy Stocks Are Headed in Different Directions.

U.S. crude prices have hovered near their 2022 lows despite Chinese oil imports rising for four consecutive months since stringent second-quarter lockdowns, according to commodity analytics firm Kpler.

The global need for oil is going to recover to prepandemic levels “unless you think the world is ending,” said Robert Minter, director of ETF investment strategy at fund manager

OIL dependency

The world is still dependent on non-renewable sources of energy like oil and other fossil fuels, despite attempts to shift the world towards a greener future. The dependence on these non-renewable sources of energy have advocated further due to the ongoing war between Russia and Ukraine.

RESOURCES

Oil consumption in your car and causes

Oil consumption in your car and causes

By measuring oil consumption, you can tell the engine’s health. Excessive engine oil burning is often the consequence of a more severe engine performance issue. Normal oil consumption varies by car manufacturer As a rule of thumb, passenger cars consume between 0.05...

Warning signs that an oil change is needed

Warning signs that an oil change is needed

Change in color and consistency As the oil does its job, it will start to pick up debris which will turn to oil black and gritty. Check the color and consistency by removing the dipstick. If you can’t see the dipstick through the oil, then an oil change is needed....

Benefits of regular oil change

Benefits of regular oil change

Oils act as an essential component to the overall health and functionality of your car. Routine oil and filter changes will increase the overall lifespan of your engine. Typically, after 5000-6000 Km, it is recommended that you take your car into the shop for an oil...