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GASOLINE PRICE
US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...- Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
- Why did stock market fall today? Sensex slides 281 pts, Nifty closes below 24,300. 5 factors behind the declineIndian stock indices extended losses on Monday, with Sensex and Nifty declining. Broader markets bucked the trend, closing higher as crude ...
- Oil Price Today (August 17): Crude oil approaches $90 again amid no breakthrough in Iran war talks. What’s next?Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...
- Oil treads water as US-Iran peace talks stall, Hormuz shipping slowsOil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...
- Trump's 2024 grocery photo op now haunts Republicans in the midtermsRising grocery and fuel prices are emerging as a political vulnerability for US Republicans ahead of the November midterms. Despite Donald ...
- Iran defiant on strait as Trump tells Americans to accept high gas pricesIran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...
- Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
- US retail sales unexpectedly fall in JulyJuly saw a surprising dip in US retail sales, reversing the trend of recent strong performances. The earlier surge in consumer spending, fu...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimismUS stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectatio...
- US Fed expected to leave rates unchanged next month after soft inflation dataInflation has eased for the second consecutive month, reducing the urgency for the Federal Reserve to increase interest rates imminently. N...
- US July CPI seen rising moderately, Fed rate outlook in focusUS consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this ...
- Oil rises as doubts over US-Iran deal heighten supply concernsOil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...
- Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
- Trump extends Jones Act waiver for 90 days, narrows scopeUS President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...
- Trump extends Jones Act waiver with some limitations, White House official saysUS President Donald Trump has approved a Jones Act waiver extension. This waiver aims to reduce gas prices by increasing shipping flexibili...
- Trump expresses optimism about lower fuel prices as US-Iran move closer to potential deal on Strait of HormuzPresident Trump expressed optimism regarding negotiations over the Strait of Hormuz. He believes progress could lead to lower gasoline pric...
- White House set to extend Jones Act waiver as Trump hunts for cheaper gasolineThe White House plans to extend a Jones Act waiver to reduce gasoline prices. This waiver increases shipping flexibility and eases transpor...
- McDonald’s Q2 profit rises despite slowdown in US sales growthMcDonald’s posted higher second-quarter profit and revenue, though sales growth in its US market slowed as cautious consumers curbed spendi...
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