Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Tag: Prices (Fares, Fees and Rates)
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Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly
The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.
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Exxon and Chevron Rack Up Giant Profits
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
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Why Natural Gas Prices in Europe Are Plunging
A combination of full storage, lower demand and mild weather, among other factors, has eased concerns of a spike in heating and power prices — for now.