The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
Tag: Oil (Petroleum) and Gasoline
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Turkey Is Strengthening Its Energy Ties With Russia
As Moscow seeks new customers for oil, gas and coal, Ankara is a willing buyer as it promotes plans as a regional trading hub.
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China to Cooperate With Gulf Nations on Nuclear Energy and Space, Xi Says
The Chinese president, Xi Jinping, says that he is eager to work with the Middle Eastern countries, longstanding U.S. allies, in a series of sensitive fields, including nuclear security and space exploration.
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U.S. Gas Prices Are Now Lower Than a Year Ago
A visible symbol of inflation for much of the year, prices at the pump have been driven down by reduced global demand and tumbling oil prices.
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India Chases Clean Energy, but Economic Goals Put Coal First
“I will not compromise on the availability of power,” India’s energy minister has declared in defense of fossil fuel use, which is heavily subsidized.