Average gas prices across the country fell this week, but the savings may be short-lived with prices expected to rise as early as midweek, NewsNation reports. Saudi Arabia says it will cut oil supplies to the global economy by 1 million barrels per day...
The Environmental Protection Agency (EPA) recently gave the Chevron refinery the green light to make fuel from discarded plastic as part of an environmentally friendly initiative to promote alternatives to oil. But, according to agency reports, the production of one of the fuels can lead to ...
Lukoil Vice President Ravil Maganov died in Moscow (Russia). A 67-year-old employee of the company fell out of a hospital window. He became the ninth influential Russian to “commit suicide” this year alone, and almost all of them have died since the start of Russia’s invasion of Ukraine. Ravil…
On June 20, the Russian ruble rose to $55,47, the highest gain since 2015. While many have rejected the ruble's exchange rate, Charles Lichfield, associate director of the Atlantic Council's Center for Geoeconomics, published an editorial titled "Don't Ignore the Exchange...
The United States of America is introducing a ban on all imports of Russian oil and gas, Ukrainskaya Pravda reports. US President Joe Biden announced this in his speech on March 8. “We ban all imports of Russian oil, gas and energy. This means that the Russian...
Many Americans may prefer to keep the US out of the conflict between Russia and Ukraine, brewing violence and political fallout already hitting their wallets, CBS reports. Gasoline prices, which have reached an eight-year high, could rise even more if military action...
Starting Tuesday, November 17, oil and gas companies can choose which parts of the Alaska Arctic National Wildlife Refuge they are interested in drilling. This is the latest attempt by the Trump administration to auction the development rights of pristine landscapes before ...
Minus $40 per barrel. The world has never seen such an oil price (if it can be called a price). Should those who sell oil worry and rejoice at those who buy it - refueling a car, paving a road or heating a house? Found out...
With consumers driving less due to the coronavirus pandemic, the average gas price on Friday, April 17, was $ 1,82 a gallon, down 6 cents from a week ago. In April 2019, drivers were paying $ 2,83 per gallon ...
Motorists may be better off filling their tanks now than later, as US gasoline prices are expected to rise this week. This is the aftermath of an attack that severely damaged two oil facilities in Saudi Arabia. Patrick DeHan, Head of Analysis ...