Governments from some of the world’s biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for Continue Reading
The stated U.S. aim when indirect U.S.-Iranian talks resume this month is to see if the two can revive a 2015 nuclear deal, but Washington’s unspoken goal may be to Continue Reading
A surge in cases in the Upper Midwest has some Michigan schools keeping students at home ahead of Thanksgiving and the military sending medical teams to Minnesota to relieve hospital Continue Reading
Just 32 percent of Americans plan to drive for Thanksgiving this year as gasoline prices are expected to be the second most expensive for the holiday ever, the annual survey Continue Reading
Detroit’s two biggest auto makers— Ford Motor Co. F -1.51% and General Motors Co. GM -3.53% —are looking to get into the semiconductor business, after a year of computer-chip shortages that snarled their global factory output. Ford on Thursday morning outlined a Continue Reading
A fleet of tankers laden with Russian diesel heading to the U.S. East Coast may help to alleviate the most expensive retail prices for the fuel in seven years. Four Continue Reading
Oil prices slid to six-week lows on Thursday as China said it was moving to release strategic reserves after a Reuters report that the United States was asking large consuming Continue Reading
The Biden administration has asked some of the world’s largest oil consuming nations – including China , India and Japan – to consider releasing crude stockpiles in a coordinated effort Continue Reading
The hottest summer days in the Sierra Nevada in California greatly increase the risk that wildfires will ignite or spread, and as the planet keeps warming the risks will increase Continue Reading
During a virtual meeting this week, U.S. President Biden has asked his Chinese counterpart to release more crude oil from its reserves China released gasoline and diesel from its reserves Continue Reading
