Tag: Oil (Petroleum) and Gasoline

Biden’s Visit to Saudi Arabia Draws Criticism and Modest Accords

JEDDAH, Saudi Arabia — President Biden exchanged the shaken fist for a fist bump on Friday as he…

Germany Hopes to Outrace a Russian Gas Cutoff and Bone Cold Winter

Russian natural gas has fired the furnaces that create molten stainless steel at Clemens Schmees’s family foundry since…

Biden’s Saudi Lesson: The Only Path Runs Through M.B.S.

BEIRUT, Lebanon — The Saudi Arabia that President Biden will visit this week is a country being actively…

Inflation Soared in June, Pinching Consumers and Challenging Policymakers

Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a…

Gas Prices, a Big Inflation Factor, Are Coming Down Sharply

HOUSTON — Gasoline prices, on an upward tear for months, have reversed course in recent weeks, giving consumers…

Nukes, Oil and a Prince’s Redemption: A Trip Fraught With Perils for Biden

JERUSALEM — President Biden left Washington for a four-day trip to the Middle East on Tuesday to try…

Biden Seeks Price Cap on Russian Oil Amid Fears of Gas Shock

WASHINGTON — Relief at the gas pump coupled with this past week’s news that businesses continue to hire…

Gas Prices Around the World Threaten Livelihoods and Stability

“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the…

Gas Prices Force Many to Rethink Driving, and Spending

KATY, Texas — Most Americans would gladly pay the $4.29 for a gallon of regular gas Buc-ee’s was…

In Russia Crisis, India Tries to Balance Geopolitics and Economics

When Russia first invaded Ukraine, the United States warned India against buying more Russian oil, saying that New…

G7 Leaders Work to Punish Russia Over Ukraine War

TELFS, Austria — Leaders of the Group of 7 nations said Sunday they would stop buying gold from…

Hacking High Gas Prices: How People Are Changing Their Habits

“A hack I would love to have is car-pooling,” said Alexa Lopez. But she has not found a…