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Tag: Oil (Petroleum) and Gasoline
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Oil Prices Rise on Talk of Russian Output Cut
Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.
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How Russia Is Surviving the Tightening Grip on Its Oil Revenue
Europe’s and America’s gradual restrictions on Russian oil trade are raising stakes in a protracted economic standoff that is reshaping the global energy market.
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Pope Francis Visits South Sudan to Highlight Young Nation’s Troubles
The soaring hopes at South Sudan’s creation in 2011 have been cruelly dashed. Pope Francis arrives there with other religious leaders on Friday to highlight its plight.
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Shell’s Profit Soared to $42 Billion in 2022
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.