The Latest Breaking News from Alan Gelder

Can releasing more of Europe’s emergency reserves bring diesel prices down?

The EU says it is ready for collective action with the IEA on a fresh emergency release. Analysts say releasing diesel reserves could lower pump prices within days, but would offer only short-term relief.

Euronews · Oct 2

Why are petrol and diesel so expensive despite crude oil not reaching record highs?

Pump prices could remain high in Europe, adding to inflationary pressure. The immediate problem is not just the supply or price of crude oil, but limited refining capacity, disrupted trade flows and shortages of finished fuels, particularly diesel.

Euronews · Sep 5

Energy experts warn of slow oil and gas supply recovery after Iran deal

High oil and gas prices and energy supply problems won't be solved overnight, despite Sunday's agreement to end the Iran war and reopen the Strait of Hormuz.

Euronews · Jun 15

$10 billion Citgo auction could finally end twisting saga of Venezeulan expropriation, imprisoned execs, and a long-shot NYC mayoral candidate

At stake is Citgo’s 800,000-barrel-a-day refining network, a series of pipelines and terminals, and marketing deals with 4,000 independently owned retail outlets.

Fortune · Sep 19, 2025

‘The bubble had to burst’: the inside story of the Lindsey oil refinery collapse

Prax Group’s sudden demise surprised some, but others saw ‘a house of cards’ built on a thirst for debt-fuelled growth

The Guardian - UK · Jul 4, 2025