Tag: Prices (Fares, Fees and Rates)
What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.
President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.
Oil Prices Jump as Attacks Choke Off Saudi Energy Supply
Traders sold oil futures on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
Oil Prices Jump on Energy Supply Worries
Oil prices jumped and stock futures fell slightly on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
As Oil Prices Rise, BRICS Leaders Have What U.S. Doesn’t: Iran at the Table
Even so, finding unity among the loose grouping of emerging economies will be difficult as the war in the Middle East strains their own interests.
Oil Hits $100 a Barrel as Turmoil Intensifies in Middle East
The cost of crude has risen 40 percent since the start of the war in Iran, pushing up the price of gasoline, diesel and other refined fuels.
Oil Prices Rise After U.S. and Iran Trade Strikes
Brent crude, the global benchmark for oil, rose to about $97 a barrel on Monday, while the national average price of gas was $4.15 a gallon.
OPEC Plus to Keep Oil Production Steady
The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persian Gulf.
Oil Jumps for Fourth Straight Day and Diesel Nears Record High
This week’s renewed strikes by the United States and Iran strain the flow of energy and diminish expectations the disruption will end soon.
Markets Waver as Investors Assess War, Debt and Inflation
U.S. and Iranian forces traded attacks again, pushing oil prices higher as bond yields remained elevated.
Global Oil Price Rises to $90 a Barrel After U.S. and Iran Trade Attacks
The first attacks in a month jolted energy markets. The average U.S. gasoline price remained 37 percent higher since the war began.