Oil (Petroleum) and Gasoline – Page 55

The Week in Business: Cuts to Oil Production

Job growth last month continued at a steady, but slower pace. The Biden administration unveiled its plans for the I.R.S. And a new inflation reading comes out.

By Marie Solis

Embargoes and Sanctions Energy and Power Equinor ASA Europe Natural Gas Norway Oil (Petroleum) and Gasoline Petoro Russian Invasion of Ukraine (2022) Sovereign Wealth Funds

With Russia’s Exit, Norway Becomes Europe’s Energy Champion

It is now the continent’s largest supplier of natural gas, and last year the country’s energy earnings jumped $100 billion.

By Stanley Reed

Inflation (Economics) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Saudi Arabia

Oil Prices Jump After Surprise OPEC Production Cut

Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.

By Stanley Reed

Coronavirus (2019-nCoV) International Trade and World Market Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Saudi Arabia Saudi Aramco

In Surprise, OPEC Plus Announces Cut in Oil Production

Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.

By Clifford Krauss