Russia and Saudi Arabia’s Oil Partnership Shows Strain
Posted inBiden, Joseph R Jr Coronavirus (2019-nCoV) Inflation (Economics) International Relations International Trade and World Market Mohammed bin Salman (1985- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Politics and Government Prices (Fares, Fees and Rates) Production Putin, Vladimir V Russia Russian Invasion of Ukraine (2022) Saudi Arabia United States United States International Relations United States Politics and Government

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.
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Posted inConsumer Behavior Coronavirus (2019-nCoV) Embargoes and Sanctions Fuel Efficiency International Trade and World Market Memorial Day Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Summer (Season) United States United States Politics and Government

Gasoline Prices, a Source of Pain Last Year, Have Come Way Down

Reasons include a stronger supply of oil and weaker-than-expected demand, energy experts say. Some people are saving hundreds of dollars on fuel.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease
Posted inChevron Corporation Company Reports Electric and Hybrid Vehicles Embargoes and Sanctions Exxon Mobil Corp Heating International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Stocks and Bonds

Exxon and Chevron Report More Modest Profits as Oil Prices Ease

The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.