Businessone year ago
Oil near flat as investors eye impact of Hurricane Idalia on demand
Oil prices remain flat as analysts expect Hurricane Idalia could have an impact on fuel demand in the US.
oil prices
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Businessone year ago
Oil prices fall nearly 5% on worry over global economy
Concerns about future of the global economy and rising COVID cases in China cause oil prices to fall.
Politics2 years ago
Biden to release 15m more barrels from US oil reserves as energy crunch bites
US President Joe Biden is set to announce the release of 15 million barrels of strategic oil reserves ahead of midterm elections as energy prices are soaring.
More2 years ago
Indonesia mulls buying Russian oil despite Western sanctions as fuel prices soar
Indonesia is considering joining neighbors India and China in buying Russian oil to tackle the pressure of rising energy costs, the country’s president said on Monday.
Politics2 years ago
White House takes credit for lowering gas prices; experts beg to differ
Industry experts warn that gas prices may go up again as many of the issues that contributed to the summer hike as still a factor.
Business2 years ago
Oil falls to 6-month low, awaits news of Iran nuclear deal
Oil prices hit a new low amid weak economic data and ambiguities surrounding Iran’s nuclear deal.
IN-DEPTH2 years ago
US strives to cap Russian Oil prices
The US and EU sanctions against Russia have failed to have the desired effect so the US is now trying to limit the profitability of Russian oil sales by putting a price cap on it.
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