Tag: Oil (Petroleum) and Gasoline
U.S. Weighs Russian Oil Ban as Gas Prices Surge and Ukraine War Grows
But that cross-border cooperation could stop with oil. Chancellor Olaf Scholz of Germany said his country could not…
Republicans Sharpen Their Message on Ukraine
Immediately after Russia’s invasion of Ukraine, the political debate in the U.S. was a free-for-all. Democrats and some…
Economic Ties Among Nations Spur Peace. Or Do They?
Russia’s war in Ukraine is not only reshaping the strategic and political order in Europe, it is also…
Lawmakers Push to Ban Russian Oil Imports, Amid White House Resistance
WASHINGTON — Republicans and Democrats in Congress are pushing President Biden to ban Russian energy imports as they…
Russian Oil Finds Few Buyers Even at Deep Discounts
HOUSTON — The United States and the European Union have been unwilling to put sanctions on Russian energy…
War in Ukraine Has Investors Thinking About a Second Cold War
Since the fall of the Soviet Union, investors have enjoyed decades of global economic stability in which military…
Why the Toughest Sanctions on Russia Are the Hardest for Europe to Wield
The punishing sanctions that the United States and European Union have so far announced against Russia for its…
A Key Inflation Gauge Is Still Rising, and War Could Make It Worse
Brent crude oil, the global benchmark, rose as much as 6 percent to more than $100 per barrel…
Ukraine Crisis: What Happens Next for the Rest of the World?
Administration officials have studied how sanctions would affect each of the big banks, including Sberbank and VTB, Russia’s…
Russia’s Moves in Ukraine Unsettle Energy Companies and Prices
Russia’s recognition of two breakaway regions in eastern Ukraine could threaten important investments of Western oil giants and…
What’s at Stake for the Global Economy as Conflict Looms in Ukraine
That means an invasion could have a dual effect — slowing economic activity and raising prices.In the United…
Why Are Oil Prices So High and Will They Stay That Way?
HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding…