oil
Big Oil rakes in billions as prices soar. Lawmakers want them to pay us back
World
March 20, 2022
Big Oil rakes in billions as prices soar. Lawmakers want them to pay us back
New York (CNN Business) – As crude prices surge, oil companies are raking in money — enormous profits gained from…
Russia may have found a buyer for its cheap oil: India
World
March 15, 2022
Russia may have found a buyer for its cheap oil: India
New Delhi – India may take up a Russian offer to buy crude oil and other commodities at a discount,…
Egypt has four and a half months in wheat reserves: official
Egypt
March 7, 2022
Egypt has four and a half months in wheat reserves: official
Egypt currently has four and a half months in reserves of wheat, Alaa Ezz, Secretary General of the Federation of…
Gas hits $4 a gallon for the first time since 2008
World
March 7, 2022
Gas hits $4 a gallon for the first time since 2008
New York (CNN Business) – The average price for a gallon of regular gas hit $4 Sunday, the highest level…
Will $100 oil force Biden to call the Saudi crown prince?
Middle East
March 5, 2022
Will $100 oil force Biden to call the Saudi crown prince?
Abu Dhabi (CNN) – Less than a month into his presidency, the White House said Joe Biden would “recalibrate” his…
All bets are off if Putin slashes the West’s oil supplies
World
March 1, 2022
All bets are off if Putin slashes the West’s oil supplies
New York (CNN Business) – Russia faces the specter of a full-blown financial meltdown. Punishing sanctions leveled by the West…
Saudi Arabia and UAE could ease oil market volatility, IEA says
World
February 12, 2022
Saudi Arabia and UAE could ease oil market volatility, IEA says
LONDON, Feb 11 (Reuters) – Saudi Arabia and the United Arab Emirates (UAE) could help to calm oil markets if…
Saudi energy minister says it’s US prerogative to draw on strategic reserves
Middle East
January 17, 2022
Saudi energy minister says it’s US prerogative to draw on strategic reserves
Jan 17 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday it is the prerogative of the…
Jordan to explore for oil in two areas in February, minister says
Middle East
November 30, 2021
Jordan to explore for oil in two areas in February, minister says
DUBAI, Nov 30 (Reuters) – Jordan will begin oil exploration in two areas, Al-Jafr and Al-Sarhan, in February, the country’s…