RIYADH: The current crisis between Ukraine and Russia, which has destabilized the energy market, mainly in Europe, could prove to be a boon for oil companies and hydrocarbon-producing countries, as soaring prices oil should bolster their incomes in fear of a protracted war. Oil prices were already high and jumpedRead More →
Video: As gas prices continue to rise, some Chicago residents say they may need to make adjustments to their travel habits. Plus, we share tips on how to save your vehicle’s fuel. (Produced by Joanna Hernandez) (CNN) – There’s pain at the pumps for American drivers as U.S. gasoline pricesRead More →
Confused? We will guide you. Most Russian oil is destined for Europe and Asia. But the key here is to think about oil supply globally, rather than the United States specifically. The world of raw materials is highly interconnected and the price of oil is set on a global market.Read More →
A moment thief filled WHEELIE BIN with £143 of fuel in front of shocked onlookers in the forecourt of a busy petrol station Footage shows a hooded man filling a municipal bin with unleaded petrol He took the stolen gasoline out of the forecourt before returning later Washington, Tyne andRead More →
Retail price inflation likely fell slightly in February, Reuters poll shows BENGALERU: India’s retail price inflation likely eased slightly in February, helped by lower food prices, economists say in a Reuters poll who have consistently warned that soaring oil prices will push inflation much higher high in the coming months.Read More →
Domestic pump prices for petroleum products are expected to soar in the coming week – the 10th consecutive weekly rise – as global crude oil prices continue to soar amid the Russia-Ukraine war. Citing oil trade monitoring over the past five days, based on the Platts Singapore average, an oilRead More →
Fiji’s economy will be hit hard by the escalating situation between Russia and Ukraine, according to academic Dr Neelesh Gounder. The lecturer in economics from the University of the South Pacific said rising global tensions following the Russian military’s invasion of Ukraine mainly posed external risks to the Fijian economy.Read More →
Some Republican lawmakers have begun to echo demands from the oil and gas industry. “It is now clearer than ever what is at stake when anti-American energy policies make us and Europe more dependent on Russian oil and natural gas,” said Rep. Cathy McMorris Rodgers, Republican of Washington State andRead More →
The following discussion should be read in conjunction with the accompanying Consolidated Financial Statements and Notes thereto appearing within Part IV. Item 15. Notes to the Consolidated Financial Statements in this 2021 10K Report. The following discussion may contain forward-looking statements, and our actual results may differ materially from theRead More →
Russia’s invasion of Ukraine poses risks of inflationary pressures and external sector risks to the Fijian economy – Dr. Neelesh Gounder Lecturer in Economics at the University of the South Pacific, Dr. Neelesh Gounder University of the South Pacific lecturer in economics, Dr Neelesh Gounder, said the Russian invasion ofRead More →
LONDON: China has increased its purchases of its oil reserves this year even as oil prices have soared, despite calls from Washington for a coordinated release of global inventories to help cool the market, data shows. industry and traders, according to Reuters. Washington has sought China’s cooperation to bolster theRead More →
With diesel prices rising for bulk customers like RTC, TSRTC plans for the first time to source fuel from retail outlets across the state, as management had instructed regional managers to form committees to source fuel from local outlets on a regular basis. day by day. Crude oil prices tendRead More →
If you’ve noticed you’re paying more at the pump and your gas and electric bills are going up, you’re not alone. According to AAA, the average gasoline price in Connecticut is $3.66 per gallon on February 21, 2022. That’s up 4 cents from last week, 17 cents from last month,Read More →
WASHINGTON — With the lingering threat of a Russian invasion of Ukraine, a foreign policy crisis is colliding with one of President Joe Biden’s political vulnerabilities: rising gas prices in the country. Americans are already appalled by inflation at a 40-year high, and Biden warns gas prices could rise ifRead More →
(MENAFN) Russia is in a position to receive an additional $65 billion for its public coffers in 2022 if rising fuel costs remain at a flexible level, Bloomberg reported last week, citing forecasts made by economists. Bloomberg quoted Renaissance Capital analyst Donets as saying, “Russia’s fiscal position is so superRead More →
As tens of thousands of Russian troops continue to mass along the Ukrainian border and diplomatic talks between the United States and Russia have yet to bear fruit, the threat of a Russian invasion into the next few weeks seems to be growth. A Russian invasion of Ukraine has theRead More →
InterGlobe Aviation Ltd, which operates IndiGo, India’s largest airline, proved itself with better than expected results for the December quarter (Q3FY22). Yield, a price measure, hit a multi-quarter high for ₹4.41, an increase of 19% year-on-year (yoy) and 5.2% sequentially. This happened as a result of an increase in domesticRead More →