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Petroleum Prices


Oil prices have soared in recent months, driven by a growing imbalance between supply and demand as well as heightened geopolitical risks. The price of a barrel of Brent had increased by 50% in 2021, and by an additional 20% since the start of this year. On Wednesday, Dated Brent hit $100.8 a barrel for …

President Joe Biden and Democratic lawmakers are considering a federal gasoline tax exemption as prices soar to record highs and the party faces an uphill battle in November’s midterm elections. Two of the most vulnerable Democratic senators in 2022 — Mark Kelly of Arizona and Maggie Hassan of New Hampshire — have proposed a bill …

The group released its latest monthly report on Friday, revising its historic oil demand figures since 2007. Yes, it’s true, over the past 15 years the world has used more oil than the leading agency thought. watchdog that advises consumer governments. . The story continues under the ad The changes are not small. At 2.9 …

With the Americans facing the highest gas prices in eight years, elected naturally eager to lower prices at the pump. State governors from Washington to Florida have slashed gasoline taxes, while the White House is re-throwing the idea of ​​tapping the United States’ emergency oil reserves. It’s no mystery why: research shows that public disapproval …

Crude oil storage tanks are seen in an aerial photograph of the Cushing Oil Hub in Cushing, Oklahoma, U.S., April 21, 2020. REUTERS/Drone Base Join now for FREE unlimited access to Reuters.com Register Iran nuclear talks resume Tuesday in Vienna US production expected to reach 12 million bpd in 2022 – EIA Macron calls for …

Gasoline for our vehicles is one of the things we pay for every day. It’s something we all have to pay for, and that’s why it can be frustrating when gas prices start to rise and there’s not much you can do about it. I remember when I was a kid the average gas price …

By Alex Nelson Malanga By Ephrahim Bahemu Dar es Salaam. Fuel price changes have left people facing different challenges since the new plan took effect yesterday. While gasoline and kerosene imported through the port of Dar es Salaam fell by 21 and 44 shillings per liter respectively, that of diesel increased by 13 shillings. The …

New Delhi: Petrol and diesel prices saw no change on Tuesday before the finance minister unveiled the Union’s budget for the financial year 2022-23 at 11am. Prices were unchanged for the 88th day, the longest on record, according to a price notification by state-owned fuel retailers. Prices held steady as the government reduced excise duties …

KARACHI: Soaring global crude oil prices are expected to keep the rupiah under pressure despite the move by the State Bank of Pakistan (SBP) to support the local currency. Rising international oil prices coupled with the country’s declining foreign exchange reserves have kept the rupiah under pressure over the past week. The rupee fell 53 …

The Energy Information Administration, an agency of the Department of Energy that oversees the U.S. energy system, is conducting a multi-year study of natural gas prices, including the impact of U.S. industry, a spokesperson said. the EIA. The impact of LNG on gas prices has long been a contentious issue, dividing domestic gas buyers and …

In Melbourne, the average unleaded price per liter also rose 7% this month, from $1.51 to $1.62. Hobart’s average price hit a record high of $1.81, while Brisbane rose 16% to $1.76, according to data compiled by the Australian Institute of Petroleum (AIP) and oil tracker website. FuelPrice Australia. “We have paid record prices across …

CHARLESTON, SC (WCSC) – Gas prices in South Carolina have risen slightly over the past week and oil analysts say further increases are possible. The average pump price rose 0.4 cents last week in the state, according to GasBuddy’s weekly survey of some 3,000 gas stations statewide. The average price of a gallon of regular …

The Nepal Oil Corporation has filed for bankruptcy despite fuel prices rising to near record highs. Insiders say the state oil monopoly’s announcement of empty coffers could be a prelude to further price hikes. The high cost of fuel is digging deeper into consumers’ pockets, and monthly consumer price inflation hit a 64-month high in …

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LAHORE: Prices will remain unchanged or rise further if the rupee is traded at its current value, oil rates will also continue to rise, interest rates will also remain twice the world average and utility rates will be also periodically improved. Government officials are creating false hopes that prices will drop in the coming months. …

Gasoline and diesel prices remained unchanged across the country on Friday. Last month, the Delhi government reduced the value added tax on petrol from 30% to 19.40%. With this, petrol prices in the nation’s capital have been reduced by Rs 8.56 per litre. As a result, a liter of petrol costs Rs 95.41 in Delhi, …

Patrick De Haan, head of petroleum analysis at GasBuddy, predicts that the national average for gasoline could reach $ 4 a gallon in the spring before peaking in the summer. The average price per gallon of gasoline in the United States increased in the first two weeks of 2022. Currently, prices at the pump stand …

Oil prices are expected to maintain a steady uptrend this year as Omicron is unlikely to cause a massive drop in demand for crude, while supply concerns will support prices in the near term, according to the experts. Crude prices, which rose nearly 60% in 2021, edged up in the first trading week of this …

Oil tankers are seen parked in a yard outside a fuel depot on the outskirts of Calcutta on February 3, 2015. REUTERS / Rupak De Chowdhuri / File Photo Register now for FREE and unlimited access to Reuters.com Register LONDON, Jan. 7 (Reuters) – Oil prices rose and were heading for their biggest weekly increases …

Petroleum Marketing Companies (OMCs) have kept diesel and gasoline prices unchanged in major Indian cities since November 3, 2021, when the Center and some states cut tariffs. Last month, the Delhi government reduced the value-added tax on gasoline from 30 percent to 19.40 percent. With this, the oil prices in the national capital were reduced …

As coronavirus cases skyrocket across the world, oil prices have fallen more than 2% on both major oil benchmarks. Brent crude fell 2.2% to $ 77.78 a barrel. WTI crude was also down, this time again 2.31% to $ 75.21. Coronavirus cases have reached new pandemic heights across the world. The increase in infections has …

The government has increased the prices of gasoline and diesel by Rs 4 per liter. Gasoline will now cost Rs144.82. According to a notification published Friday evening by the Finance Directorate, the new oil prices will be applied for 15 days from January 1. The government has increased prices to meet the oil levy target …

An aerial view shows an Idemitsu Kosan Co. oil plant in Ichihara, east of Tokyo, Japan, Nov. 12, 2021, in this photo taken by Kyodo. Photo taken on November 12, 2021. Mandatory Credit Kyodo / via REUTERS EDITORS ATTENTION – THIS IMAGE HAS BEEN PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. JAPAN OUTSIDE. NO COMMERCIAL …

The stubborn undercoverage of Premium Motor Spirit (PMS), also known as the gasoline subsidy, created a mess of income for the federation in 2021. Apart from the usual polemics on the question of whether to “withdraw or not”, the essence subsidy payments swallowed up over 1.03 trillion naira in 10 months, resulting in low revenues …

White House officials attempted a small victory as millions hit the road for the holidays this week, touting small drops in gasoline prices even though costs at the pump are still much higher than at the same time last year. “As people leave for Christmas weekend, gasoline prices continue to drop – down 25 cents …

Strong points OPEC + quotas, drilling programs to increase production capacity Production could increase by nearly 500,000 bpd by June to November 2021 levels Omicron, sanctions and releases of strategic reserves could affect production Russian oil production is expected to increase in 2022, although factors such as the coronavirus pandemic and the release of strategic …

NEW YORK: Oil prices fell on Friday and were also down during the week as increasing cases of the Omicron coronavirus variant raised concerns that further restrictions would affect fuel demand. “There are concerns about COVID that will not go away, and the perception that may be weighing on demand is putting pressure on the …

A sticker shows crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Photo taken November 22, 2019. REUTERS / Angus Mordant / File Photo Register now for FREE and unlimited access to reuters.com Register US crude inventories drop more than expected, demand …

New Delhi: The price of gasoline has been a major topic of discussion in India for some time now. Especially after prices hit the 100 rupee mark in June 2021. Supply chain bottlenecks as well as bottlenecks affecting the mining and refining sector, oil prices have skyrocketed during the crisis of Covid-19. But did you …

The U.S. shale industry first experienced a wave of consolidation in 2015 when prices fell after Saudi Arabia fully turned on the taps in response to growing shale production. Since then, consolidation has continued, albeit unevenly. But he’s about to get some extra momentum. According to industry executives, the recent increase in price volatility will …

SINGAPORE – Asia-Pacific markets fell on Friday as investors assess risks associated with new omicron Covid variant and anticipate key US inflation data Japan’s Nikkei 225 extended losses from the previous session and fell 1% to 28,437.77. The Topix index fell 0.77% to 1,975.48. In South Korea, the Kospi lost 0.64% to 3,010.23 while the …

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford / File Photo Register now for FREE and unlimited access to reuters.com Register Oil made gains earlier this week after last week’s collapse UK PM to announce new restrictions – reports …

In last week’s column, readers may recall that I raised concerns about the disparity between winter maintenance levels on roads in southern and northern Ontario. Unfortunately, under successive Liberal and Conservative governments, this is an ongoing problem that neither government has wanted to address even briefly. I raised this issue recently in the Legislature and …

A drop in international crude oil prices over concerns over the Omicron variant of the virus that causes Covid-19 could, if it persists, end up driving down the price of gasoline and diesel for consumers in India, as well. than in other countries. Indian express examines recent developments in crude oil prices and their potential …

But with the demand for crude rising as the impact of the pandemic wears off, that no longer appears to be the case. OPEC +, which brings together the Organization of the Petroleum Exporting Countries and allies like Russia, is once again showing dynamism. The group’s refusal to accede to US President Joe Biden’s calls …

In Delhi, gasoline is currently sold at Rs 103.97; while the diesel rate stood at Rs 86.67. Gasoline and Diesel Prices Today: Fuel prices were unchanged for 26 consecutive days on Tuesday. Earlier on November 4, the government reduced excise taxes on gasoline and diesel to lower rates slightly from record levels. In the national …

Here are some of the developments that we will be following today, Sunday, November 28, 2021. The demolition of Karachi’s Nasla Tower remains unfinished on the fifth day since work began on Wednesday. Authorities in Karachi managed to disperse the protesters on Friday, but the possibility of more protests lurks around the corner. Now, the …

Gasoline was “as vital as blood in the battles to come,” French Prime Minister Georges Clemenceau (1841-1929) said during World War I. With these words, he tried to convey his country’s urgent need for help from the United States, which at the time was the world’s largest oil producer, according to the book “The Prize: …

Rep. Ashley Hinson, R-Iowa, gives an overview of Biden’s Build Back Better plan. President Biden Tuesday, described the steps his administration is taking to tackle soaring inflation ahead of the holiday season, saying the various actions will help ease supply chain bottlenecks and reduce rising gas prices. The government recently reported that consumer prices rose …

A worker takes a sample of crude oil from an oil well operated by the Venezuelan state oil company PDVSA in Morichal, Venezuela, July 28, 2011. REUTERS / Carlos Garcia Rawlins Register now for FREE and unlimited access to reuters.com Register now US pushes OPEC + again as it considers release of reserves Japan has …

Price of gasoline, diesel today: Gasoline and diesel prices remained unchanged for the 18th consecutive day on November 20, Saturday. Gasoline and diesel prices have remained the same since the central government reduced excise taxes on gasoline and diesel. Motor fuel prices have been reduced by Rs 5 and Rs 10. In addition, several states …

Australia’s two most senior politicians have made extraordinary and false statements about oil prices this week. On Monday, Prime Minister Scott Morrison said oil prices would rise more than not if his government was sacked. But he provided no evidence to support his claim – even when asked. Deputy Prime Minister Barnaby Joyce continued Tuesday …

SINGAPORE: Oil prices were flat Thursday after falling in the previous session amid fears of rising inflation in the United States, spurred by rising energy costs, could prompt the government to release more strategic crude stocks to lower prices. On Wednesday, Brent crude futures fell 2.5% and West Texas Intermediate (WTI) futures fell 3.3% after …

In the letter, Senators Elizabeth Warren, Sherrod Brown, Jack Reed and others warned that the high price of gasoline for seven years has “placed an undue burden on families and small businesses trying to make ends meet. “. “In light of these pressing concerns, we ask you to consider all the tools available to you …

Even though reductions in excise duties on gasoline and diesel give the common man some breathing room on the streets, the price of liquefied petroleum gas (LPG) cylinders still pinches the pockets of consumers. The admi has yet to come to terms with the very fact that the prices of cooking fuel have increased by …

The Occidental Petroleum logo is displayed on a ground display at the New York Stock Exchange (NYSE) in New York, United States, April 30, 2019. REUTERS / Brendan McDermid HOUSTON, Nov. 4 (Reuters) – Occidental Petroleum Corp (OXY.N) more than doubled third-quarter profit to $ 836 million from the previous three months, the company said …

In Delhi, gasoline and diesel prices were Rs 110.04 and Rs 98.42 per liter respectively. Gasoline and Diesel Prices Today: Fuel prices remained unchanged on Wednesday, November 3, after rates were hiked for seven consecutive days. In the nation’s capital, gasoline and diesel prices were Rs 110.04 and Rs 98.42 per liter respectively, according to …

Oil and gas tanks are seen in an oil warehouse at a port in Zhuhai, China on October 22, 2018. REUTERS / Aly Song Kuwait, Iraq say OPEC + should stick to increased targets China releases gasoline and diesel reserves to boost local supply Biden pushes G20 energy-producing countries to increase production Nov. 1 (Reuters) …

ISLAMABAD: Amid relentless protests from opposition parties against rising prices and rising unemployment in the country, Prime Minister Imran Khan on Saturday rejected the proposal by the Oil and Gas Regulatory Authority (Ogra) to increase oil prices and decided to keep them unchanged for the next fortnight. The prime minister made the decision “taking into …

(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) In this week’s edition of the successes and failures of the oil and gas industry, regular Rigzone market watchers looked at oil prices, the potential restart of Iranian nuclear …

Global energy supermajor ExxonMobil is one of the few Western energy companies to invest in the development of Guyana’s burgeoning oil industry. Since the first discovery of high-quality oil in 2015 in the 6.6 million acre Stabroek block, where Exxon is the operator and owns a 45% stake, the oil supermajor has experienced incredible success. …

Demand for oil is expected to increase by half a million barrels per day (bpd) as the power sector and heavy industries abandon more expensive sources of energy, the IEA said. Through Reuters | Posted: 26-Oct-21 12:28 PM IST 0 Views See the pictures U.S. shale producers have hesitated to invest in increased production after …

Domestic prices at the pump are likely to rise to as high as 1.20 pesos per liter for fuel prices this week to reflect price movement in the global oil market. This developed when BAYAN Muna party list representative Carlos Isagani Zarate challenged Energy Secretary Alfonso Cusi to ask President Rodrigo Duterte to certify Bill …

Manila, Philippines – Leaders of farmer and transport groups on Friday sounded the alarm on a threat “worse than the pandemic” – steadily rising oil prices and the lack of government guarantees for marginalized sectors. At a press conference at the University of the Philippines (UP) Diliman, Anakpawis National President Ariel Casilao warned that the …

Gasoline prices in New Brunswick hit all-time highs on Thursday, including street prices above $ 1.50 for the first time in some communities. This is the consequence of a number of factors, but mainly of two consecutive months of strong growth in the international oil markets. Last week, the head of oil analysis at online …

Gasoline and diesel margins rebound globally as COVID-19 restrictions relax World stocks of petroleum products at their lowest since 2014 – FGE Maintenance, high natural gas prices to restrict supply to Q4 Asian crude expected to reach 29.5 million bpd in fourth quarter, up 1.4% year-on-year – FGE Formosa to process 400,000 bpd in November, …

Yet OPEC continues to fail to pump at expected levels: File Image / Pixabay Maybe the demand for energy won’t be so intense after all: that was the sentiment traders had on Monday as we industrial data showing signs of weakness forced them to associate gains, albeit minimally. Intermediate West Texas Rose 16 cents settle …

As oil prices continue to dig into buyers’ pockets, Fawad Chaudhry, Federal Minister of Information and Broadcasting, said the upward trajectory observed by petroleum products is due to rising prices in the international market. rough. Chaudhry, while justifying the rise in prices, said on Twitter that the prices of petroleum products in Pakistan are dependent …

Crude oil storage tanks are seen in an aerial photograph at the Cushing Oil Hub in Cushing, Oklahoma, USA, April 21, 2020. REUTERS / Drone Base / File Photo Brent expected to rise for sixth consecutive week Brent at the highest price since October 2018 WTI on track to post 8th consecutive weekly gain Oct. …

Pumpjack for oil in the Permian Basin region. Spencer Platt | Getty Images Oil prices rose on Thursday, reversing previous losses, amid expectations that high natural gas prices as winter approaches could lead to a switch to oil to meet heating demand needs. Brent crude futures gained 28 cents, or 0.3%, to $ 83.46 a …

Demand for energy is back today as the global economy reopens, but supply has simply not kept up. This is why US oil prices have climbed $ 120 since falling below $ 40 per barrel in April 2020. US oil prices finished above $ 80 per barrel on Monday for the first time. times in …

Pipelines move into Enbridge Inc. crude oil storage tanks at their tank farm in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford TOKYO, Oct. 11 (Reuters) – Oil prices rose again on Monday, extending gains by several weeks as an energy crisis affecting major economies shows no signs of slowing amid an upturn …

New Delhi: Mumbai on Saturday became the first metropolitan city in the country to see diesel prices cross the 100 rupees per liter mark after the further increase in fuel prices. The price of gasoline was increased by 30 paise per liter and that of diesel by 35 paise per liter, according to a price …

The US Department of Energy is revisiting previous comments that it was considering releasing the strategic oil reserve and banning crude oil exports, Bloomberg’s Javier Blas reported on Twitter. According to Blas, the DoE does not plan to operate the SPR “at this time”. The news comes shortly after Goldman Sachs estimated that if the …

Image source: Getty Images S & P / ASX 200 Index (ASX: XJO) Energy stocks fell on Thursday as oil prices fell sharply overnight. Western Texas Intermediate fell US $ 2.8 or 3.5% overnight, from intraday highs of US $ 79.76 to US $ 76.91 per barrel. The global benchmark Brent crude briefly hit 3-year …

The PESO fell against the dollar as oil prices rose. – NB FILE PHOTO PESO weakens in the face of greenback on Thursday as oil prices hit multi-year highs. Local unit closed at 50.88 P to the dollar on Wednesday, losing 23 centavos from its 50.65 P finish on Tuesday, based on data from the …

VIENNA – Oil prices continued to rise on Tuesday, a day after the OPEC + meeting kept its back-to-supply plan unchanged, with traders taking further account of tense market conditions. The OPEC + grouping consists of the Organization of the Petroleum Exporting Countries (OPEC), Russia and their allies. OPEC + said on Monday it would …

TOKYO (Reuters) – Oil prices eased Tuesday after hitting their highest levels in years in the previous session over the decision by OPEC and major allied oil producers to maintain the restriction on supply . Brent crude was down 3 cents to $ 81.83 a barrel at 12:54 a.m. GMT, after rising 2.5% on Monday. …

TThe sudden surge in demand for biofuels is causing supply tension in the soybean oil market, which is expected to persist until 2022. Alternatives such as sunflower oil will benefit from this situation. 2021 has been an eventful year for the soybean oil market due to the growing importance given to biofuels from the United …

Gasoline and diesel prices hit new records across the country on Sunday after rates were again hiked by 25 paise and 30 paise per liter, respectively. The price of gasoline in Delhi has reached its highest level ??102.39 per liter and ??108.43 in Mumbai, according to a price notification from state-owned fuel retailers. Diesel rates …

INP 12:37 | 02 October 2021 The increase in petroleum product prices was challenged in the Lahore High Court (LHC) on Saturday. According to the details, the complainant asked to reconsider his decision as it will cause more problems for poor people. The OGRA, the federal government and other institutions were part of the petition. …

Much like the whale oil trade at its peak in the mid-1800s, crude oil prices have likely peaked. According to Cathie Wood, founder and CEO of Ark Investment Management, who spoke of an upcoming spike in crude oil prices due to the arrival of electric vehicles (EVs), in a series of tweets late Thursday. Citing …

Natural gas prices in the United States have more than doubled this year and oil prices have risen 52% as demand for energy recovers from the COVID-19 pandemic. Exxon has also cut costs and laid off staff following a historic loss in 2020. Falling costs associated with the recent oil and gas rebound have resulted …

Image source: PTI Rising fuel prices: Diesel at record high, gasoline nears record high as rates rise again Gasoline and diesel prices hit record highs across the country on Thursday after rates were hiked by 25 paise and 30 paise per liter respectively. The price of gasoline has been increased to Rs 101.64 per liter …

Royal Dutch Shell’s price action continued to rise on Wednesday, as the increase that oil inventories received from rising crude oil prices continues. Crude oil prices hit $ 80 as supply shortages in the US Gulf Coast’s production belt pushed prices higher. Oil stocks such as those of Royal Dutch Shell have been a big …

Chroniclers Why hedging oil purchases is a win-win situation for Kenya Wednesday, September 29, 2021 An employee of a gas station in Nairobi. PHOTO FILE | NMG By RUFUS MWANYASIMore from this author Summary The government’s policy of stabilizing consumer prices against unpredictable fluctuations in world oil prices is proving to be a costly affair …

Oil has rebounded this year as the vaccine rollout stimulates demand for energy, leading to lower US inventories. Brent oil has climbed above $ 80 a barrel, a sign that demand is exceeding supply, depleting stocks amid the global energy crisis. The main crude benchmark rose for a sixth day to its highest level since …

ISLAMABAD, September 27 (APP): Energy Minister Hammad Azhar on Monday informed the Senate that the prices of petroleum products in Pakistan were lower than 127 countries. Closing debate on the motion presented by Bahrmand Khan and Mushtaq Ahmed regarding the recent rise in oil prices, the minister said the government has given tax relief of …

US West Texas Intermediate and international benchmark Brent crude oil futures ended higher last week amid supply concerns, as global demand continues to improve as pandemic conditions ease. . “The tight supply continues to benefit inventories in all regions,” ANZ Research said in a note. Last week, December WTI crude oil was $ 73.61, up …

ABUJA – Nigeria said it aims to produce 1.88 million barrels per day of crude oil next year and that the budget will be based on the benchmark price of $ 57 per barrel, calling it a production target. ” very conservative “while the country’s economy is struggling. Africa’s most populous country has been hit …

Efforts to keep crude prices around $ 65 for Brent, the international standard, have been complicated by the delta variant of the novel coronavirus COVID-19. “We have relaxed our pricing outlook for the remainder of 2021, thanks to the delta variant,” said Farzin Mou, vice president of intelligence at data analytics firm Enverus and co-author …

The combination of growing demand and tight supply pushed up crude prices for a fifth straight week. West Texas Intermediate on the New York Mercantile Exchange weathered Monday’s $ 1.68 drop to increase the remainder of the trading week, including a $ 1.74 jump on Wednesday. Prices rose 68 cents on Friday to close at …

LONDON (Reuters) – Oil company BP said on Thursday it had temporarily closed some of its service stations in Britain after its ability to transport fuel from refineries was hit by a shortage of truck drivers throughout industry. “We are having fuel supply issues at some of our UK retail locations and have unfortunately seen …

A worker holds a nozzle to pump gasoline into a vehicle at a gas station in Mumbai, India on May 21, 2018. REUTERS / Francis Mascarenhas / File Photo US crude inventories fall to lowest since October 2018, according to EIA High natgas prices support the rise OPEC + strives to keep prices around $ …

New Delhi: Under the aegis of the Ministry of Petroleum and Natural Gas (MoPNG), Oil and Natural Gas Corporation Limited (ONGC) organized several student visits to its oil fields in different regions of India, as part of of ‘Azadi Ka Amrit Mahotsav.’ The energy company organized visits by students from Kendriya Vidyalaya and engineering schools …

Bhupesh Baghel, Chief Minister of Chhattisgarh Raipur: Expressing resentment against the central government for not allowing Chhattisgarh to produce ethanol from paddy, Chief State Minister Bhupesh Baghel said on Tuesday that the state has infrastructure and a surplus of paddy for the production of ethanol. Addressing the inaugural event of the two-day “Vanijya Utsav” here …

Mergers and acquisitions firm ILUS International Inc (OTCMKTS: ILUS), which is primarily involved in the tech space, has seen its shares become a major player over the past week. The stock continued to be the center of attention yesterday and managed to post gains of 34%. This took his gains from last week to 100%. …

That the Biden administration and the Democratic-majority Congress set their sights on the oil and gas industry as the ultimate culprit of climate change was clear even before last year’s election. Now it looks like Washington is doubling down on its pledge to crack down on oil and gas in any way it can. But …

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford / File Photo Dollar strengthens, number of US platforms weighs on crude benchmarks Investors Consider Fed Policy Meeting This Week For Tapered Indices US Gulf oil production is gradually returning to …

State-run fuel retailers may soon raise gasoline and diesel prices due to rising international oil prices, ending month-long relief for consumers – initially due to small cuts price, then holding prices at the pump for about two weeks, people in the know said. Retail gasoline and diesel prices are likely to be affected by soaring …