Prices have been creeping higher, despite uncertainty about the strength of the global economy.
Category: Oil (Petroleum) and Gasoline
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Oil Prices Rise on Saudi and Russian Production Cuts
The major exporters announced production cuts amid concerns about weaker demand’s effects on prices.
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Why Car Repairs Have Become So Expensive
More technology and creature comforts, as well as a parade of new electric vehicles, have complicated the job after accidents.
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Opposition Grows to U.S. Imports of ‘Laundered’ Russian Oil
Human rights groups and Ukrainian officials want the United States to stop buying Russian crude oil that has been refined into other products in third countries like India
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North Sea Sees Potential Shift from Oil and Gas to Renewable Energies
The offshore wind industry continues to grow as nations look to change Europe’s oil and gas hub into a major source of renewable energy.
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Global Oil Demand Is Set to Slow
The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.
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Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
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Saudi Arabia Cuts Oil Production to Boost Prices
Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month.
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Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia said it would cut further for at least a month.
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OPEC Plus May Consider Cuts in Oil Production
The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.