Surging gasoline prices in the Philippines have forced some people to cancel or scale back the Visita Iglesia, a Holy Week tradition in which Catholics travel to seven churches.
Category: Oil (Petroleum) and Gasoline
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Republicans Seek Protections for Oil Giants Against Climate Lawsuits
Utah passed a law to insulate oil companies against efforts to make them pay for their role in global warming. A nationwide version is in the works.
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Mortgage Rates Climb for 5th Week as Iran War Weighs on U.S. Housing Market
The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.
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Bad, Very Bad and Much Worse: Pick a Forecast for the War and Economy
A merely bad outlook might be good enough for the markets, our columnist says.
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Tesla Sales Rise as $4-a-Gallon Gas Revives Interest in E.V.s
The repeal of tax credits last year sent electric vehicle sales plummeting. But with gas prices soaring, consumers are taking another, cautious, look.
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Why Trump’s Iran Address Failed to Soothe Markets
Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
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Oil Prices Jump and Stocks Drop After Trump’s White House Speech
President Trump claimed in a White House address that the war on Iran was “nearing completion” but made no new announcements about the conflict.
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G.M. Reports Sharp Decline in Car Sales Amid War and High Prices
Toyota, Honda and Hyundai reported drops in March. Some blamed gasoline prices.
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Markets Bet Big on a Quick End to the Iran War
Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage.
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Stocks in Asia Rally and Oil Prices Rise
President Trump said the U.S. military would wrap up its campaign in Iran in two or three weeks.
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The Trump Effect at the Pump as Gas Hits $4 a Gallon
The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
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Oil and Gas Prices Continue to Rise in Choppy Trade
Investors weighed the news that the owner of a Kuwaiti tanker loaded with oil said it had been hit in an Iranian attack near Dubai.