Por: Forbes Business October 20, 2022
Getty Images Key Takeaways Oil prices have had a turbulent few years thanks to everything that’s been happening around the globe. From a global pandemic that has lasted more than two years to a war that began earlier this year, these historical events have led to fluctuations in oil prices as we saw them dip into the negatives during the start of the pandemic and then earlier this year rise to $140 per barrier. OPEC+ recently announced that... + full article
ABC News USA Business October 19, 2022
As rising gas prices strain the budgets of many Americans, President is set to announce on Wednesday moves that aim to address the oil supply shortage behind the cost spike.Most notably, the announcement includes the release of 15 million barrels of oil from the nation's... + más
EXPLAINER: What is the Strategic Petroleum Reserve? | ABC News
US Sanctions International Network Of Companies Selling Iranian Petroleum Products | RTTNews
Portland Press Herald USA World October 19, 2022
On Wednesday, President Biden announced another release of oil from the Strategic Petroleum Reserve. The White House released a huge amount of oil this spring, aiming to temper gas prices that had been driven up, in part, by Russia’s invasion of Ukraine and the U.S. ban on... + más
What is the Strategic Petroleum Reserve? | ABC News
Forbes USA Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an... + más
OPEC Thumbs Its Nose At President Biden | Forbes
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
Portland Press Herald USA World October 08, 2022
When the Organization of the Petroleum Exporting Countries and its partners – often known as OPEC Plus – announced a production cut of 2 million barrels of oil on Wednesday, the reaction in the United States was less than positive. In a statement, the White House called the... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
No Need For Russian Crude Price Cap; Markets Will Do It Themselves. | Forbes
ABC News USA Business October 06, 2022
An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for , industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million... + más
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
Forbes USA Business October 05, 2022
Getty Images Key Takeaways Oil prices have been on a wild ride over the past two years. They have gone from dropping to negative amounts at the start of the pandemic to $160 per barrel earlier this year, and have now declined by half their value since their highs. Investors and... + más
Forbes USA Business September 30, 2022
The looming EU ban on Russian crude imports, a deepening global economic contraction, and simple logistics costs will dramatically limit Russia’s oil revenues.Russian oil revenues will fall hard as the global economy weakens and the European Union ban on ... [+] Russian crude... + más
EU countries approve energy windfall levies, turn to gas price cap | CNBC
Allies aim for risky Russian oil price cap as winter nears | WPLG Local 10
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