Fearing a windfall tax, this oil company is cutting gasoline prices at its pumps.
admin Windfall taxes on oil companies are the talk around the world as consumers grapple with…
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U.S. oil prices fall more than 3% as weaker gasoline demand allows fuel inventories to rise
Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in…
Read MoreKey gas pipeline from Russia to Europe restarts after break, but well short of capacity
BERLIN (AP) — Natural gas started flowing through a major pipeline from Russia to Europe…
Read MoreOil futures pull back ahead of U.S. supply data
Oil futures pulled back Wednesday as investors awaited an official read on U.S. petroleum inventories…
Read MoreHere’s what’s at stake if Russia doesn’t get a key European gas pipeline back up and running this week
Investors will soon find out whether the world’s largest subsea pipeline, all 759 miles of…
Read MoreOil pulls back after Monday bounce, but U.S. prices hold above $100
Oil futures pulled back in Tuesday dealings, after posting a gain of more than 5%…
Read MoreOil prices flirt with $100, as buyers pounce after last week’s sharp selloff
U.S. oil prices moved back close to the $100-a-barrel mark on Monday, as investors took…
Read MoreBiden expects more Saudi oil output after meeting in Jeddah
President Joe Biden on Friday said he expects further oil supply increases from Saudi Arabia…
Read MoreU.S. industrial output falls in June for first time this year
The numbers: Industrial production fell 0.2% in June, the Federal Reserve reported Friday. This is…
Read MoreOil bounces as report dampens expectations for Saudi output rise after Biden visit
Oil futures bounced Friday, but remained on track for hefty weekly losses, after a news…
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