The effort to negotiate a cap on the price of Russian oil is expected to resume, but when and where is not clear.
Tag: Oil (Petroleum) and Gasoline
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EU Nears Cap on the Price of Russian Oil
E.U. diplomats aim to agree on a price this week, clearing the way to enforce the measure before a Dec. 5 deadline.
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Inside the Saudi Strategy to Keep the World Hooked on Oil
The kingdom is working to keep fossil fuels at the center of the world economy for decades to come by lobbying, funding research and using its diplomatic muscle to obstruct climate action.
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Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?
Britain is raising a tax on gas and oil producers, and adding a levy on companies that supply electricity — a similar approach to that of other governments chasing revenue.
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What to Expect From the U.K.’s Budget Proposals Today
Tax increases and spending cuts are expected as the government tries to stabilize its finances and reassure financial markets.