Price of Diesel, Which Powers the Economy, Is Still Climbing
Posted inChina Diesel Power Embargoes and Sanctions Europe International Trade and World Market Latin America Northeastern States (US) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Refineries Russia Russian Invasion of Ukraine (2022) Shortages Trucks and Trucking United States United States Economy

Price of Diesel, Which Powers the Economy, Is Still Climbing

Russia’s invasion of Ukraine is one reason that the fuel is scarce. Another is a series of yearslong, intertwined events that cover the globe.
Five Ways Sanctions Are Hitting Russia
Posted inBoycotts Economic Conditions and Trends Embargoes and Sanctions International Relations Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Putin, Vladimir V Russia Russian Invasion of Ukraine (2022) Ukraine United States International Relations

Five Ways Sanctions Are Hitting Russia

Russia’s economy and residents have taken a battering, but the government continues to reap big revenues from energy sales. A partial European embargo on oil takes effect in December.
Exxon and Chevron Rack Up Giant Profits
Posted inBiden, Joseph R Jr Chevron Corporation Company Reports Embargoes and Sanctions Exxon Mobil Corp International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Stocks and Bonds Strategic Petroleum Reserve (US) United States Economy

Exxon and Chevron Rack Up Giant Profits

Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.