[ad_1] London CNN — Europe is scrambling to buy diesel fuel from Russia before a ban on imports comes into force in early February, but the frantic stockpiling is unlikely to prevent a new price shock for truckers, drivers and businesses. In the first two weeks of January, European countries …
Read More »Nearly 1 in 3 French gas stations out of at least one fuel
[ad_1] Paris CNN — Some 28.5% – nearly one third – of gas stations in mainland France are out of stock of at least one fuel, French Energy Transition Minister Agnes Pannier-Runacher told journalists Friday. In the Parisian Ile de France region, this figure is at 25.5% Friday, down from …
Read More »White House launches last ditch effort to dissuade OPEC from cutting oil production to avoid a ‘total disaster’
[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 …
Read More »America’s gas prices rise for the first time in 99 days
[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 …
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