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May 15, 2025
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Oil Price
World Newspapers: President to tap oil reserves in bid to cut gas prices
Friday, 01 April 2022 20:58
Under growing pressure to bring down high energy prices, President Biden announced that the United States would release up to 180 million barrels of oil from a strategic reserve to counteract the economic impact of Russia’s invasion of Ukraine. 203
Yemen hits targets in Saudi Arabia's depths in large-scale op
Friday, 25 March 2022 21:08
Sana'a (IP) - Yemeni Armed Forces conducted a large-scale military operation in Saudi depths, which includes the successful targeting of Aramco's oil facilities.
Electric cars hard to find in US as gas prices skyrockets
Friday, 25 March 2022 14:33
Americans who are tired of skyrocketing gas prices and are thinking about the benefits of an electric ride find it challenging to find one in the market since the demand has outstripped the supply.
Gas price in Europe exceeds $1,350 as Russia sets payment for gas in rubles
Wednesday, 23 March 2022 20:28
The gas price in Europe exceeded $1,350 per 1,000 cubic meters after the Russian president ordered to supply gas to "unfriendly countries" only for rubles, according to the London ICE exchange.
Famed investor warns of ‘recession or even worse’ in US
Wednesday, 23 March 2022 17:20
Famed investor Carl Icahn has warned of an economic downturn in the US, saying that there “very well could be a recession or even worse,” as inflation in the country is running at its highest level in 40 years.
TotalEnergies to stop buying oil from Russia
Wednesday, 23 March 2022 13:46
The French oil and gas company TotalEnergies says it will stop buying oil from Russia by the end of the year.
Gas price in LA. Ca. inches toward 6 dollars per gallon
Monday, 21 March 2022 15:34
The average price of self-serve regular gasoline a gallon in Los Angeles County, the most populous county in the United States, rose 1.6 cents Sunday to a record high of 5.982 U.S. dollars, its 26th consecutive increase.
Saudi Arabia committed to keeping global oil market stable
Wednesday, 16 March 2022 18:31
Saudi Arabia is committed to keeping global oil market stable, visiting Saudi Arabian Foreign Minister said in Dhaka on Wednesday.
British PM arrives in Riyadh to discuss oil
Wednesday, 16 March 2022 16:56
(IP)- The British Prime Minister arrived in Saudi Arabia on Wednesday at the head of a high-ranking delegation.
Oil, gas prices to be increased for coming few years
Sunday, 13 March 2022 21:17
IP- The Director-General of OPEC Affairs and Coordinator with the Energy Communities Department of the Iranian Ministry of Petroleum called tensions between Russia and Ukraine a loss-loss policy for the energy market.
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