Tag Archives: energy economic indicators

[ad_1] London CNN  —  In a community center in central London, a young child plays in a makeshift area as her caregiver rocks her stroller and chats to a friend. The Oasis Centre in Waterloo sits in a four-story building that has a warm, inviting feeling, with plush chairs and …

[ad_1] London CNN Business  —  The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force. News of the deal, which had needed approval from holdout Poland, was confirmed on Twitter by the president …

[ad_1] London CNN Business  —  The world may be losing the fight against the climate crisis, but investors are still willing to throw money at oil and gas companies. That’s one lesson from the initial public offering on Wednesday of Ithaca Energy, a North Sea oil and gas producer — …

[ad_1] New York CNN Business  —  The relationship between the United States and Saudi Arabia is one of the most important on the planet. And lately, it’s also been one of the most awkward. Angry officials in Washington vowed “consequences” after Saudi-led OPEC sharply cut oil production earlier this month, …

[ad_1] A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Washington CNN  —  With just weeks to go until the November midterms, four letters are haunting President Joe Biden and the Democrats: OPEC. Last week, the Organization …

[ad_1] CNN  —  President Joe Biden is “disappointed” the Saudi-led OPEC+ oil cartel agreed to cut output by 2 million barrels per day, the White House said Wednesday, as the threat of rising gas prices looms weeks ahead of critical midterm elections. The decision by the grouping of major oil …

[ad_1] London CNN Business  —  OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections. The group of major oil …

[ad_1] Washington CNN  —  The Biden administration has launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting oil production, according to multiple sources familiar with the matter. The push comes ahead of Wednesday’s crucial meeting of OPEC+, the international cartel of oil …

[ad_1] New York CNN Business  —  The historic streak of falling gasoline prices is over. After sinking every day for more than three months, US gas prices edged higher – by a penny – to $3.68 a gallon, on average Wednesday, according to AAA. That ends 98 consecutive days of …

[ad_1] CNN  —  President Joe Biden made multiple unequivocal and controversial statements in an interview with “60 Minutes” that aired Sunday. Among them: On some other topics there was some equivocation. On 2024, his plan is to run for reelection, but no firm decision has been made. On the classified …