Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage which has already sent the prices of.
The Biden administration is in talks with both oil-producing and consuming countries to tackle high oil prices, White House spokeswoman Jen Psaki said on Tuesday, adding that all options are.
U.S. crude stockpiles fell more than expected last week just as traders price in the prospect of increased global supplies as the U.S. and Iran are believed to be nearing.
President Joe Biden on Tuesday announced that an Australian company that makes chargers for electric vehicles will build a manufacturing facility in Tennessee, while reiterating his commitment to turn the.
The top U.S. business lobby in Mexico on Tuesday raised concerns about a bill that would strengthen state control of the power market at the expense of private capital, saying.
Oil was up on Wednesday morning in Asia as American Petroleum Institute (API) showed an unexpected drop in U.S. crude and fuel stocks, countering worries over a possible spike in.
President Joe Biden is set to meet Wednesday with the leaders of some of the nation’s largest electric utilities, as he continues to push for lawmakers to approve $550 billion.
Oil prices climbed on Wednesday after two sessions of losses as industry data showed an unexpected drop in U.S. crude and fuel stocks, offsetting concerns of a possible rise in supplies from.
Gold was up on Wednesday morning in Asia given the ongoing pressure from U.S. inflation. However, rising U.S. treasuries yield and growing expectations on U.S. Federal Reserve interest rate hikes kept.
Norway’s Equinor posted record pretax profits for the fourth quarter on Wednesday, driven by a boom in oil and gas prices and said it will raise its dividend and increase.
