Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices Thomas Catenacci on June 7, 2022 UPDATE: This article has been updated to include comment from …
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NEW YORK – The cost to ensure exposure to Turkey’s sovereign debt jumped on Tuesday and Turkey’s dollar-denominated bond prices fell a day after President Tayyip Erdogan’s pledge to continue …
- Financial News
IMF urges countries to support vulnerable, avoid blanket subsidies as food, fuel prices soar
by Reutersby ReutersBy Rachel Savage LONDON – The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable citizens rather than issue across-the-board aid that risked …
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Toronto new condo demand cools but prices seen firm as developers delay launches
by Reutersby ReutersBy Nichola Saminather TORONTO – Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to cut prices with …
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Gas Prices Surge 26 Cents in One Week Across New Jersey to Over $5 Per Gallon in Some Places
TOMS RIVER, NJ – Shore-bound traffic during the weekend after Memorial Day weekend was light. People across the Garden State are now driving fewer miles for recreation with gas prices …
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GOP Climate Group Targets Global Carbon Emissions Amid Record Gas Prices
GOP Climate Group Targets Global Carbon Emissions Amid Record Gas Prices Thomas Catenacci on June 2, 2022 A coalition of House Republicans tasked with crafting energy and climate policy are …
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BEIJING – Chinese consumers are likely to have to pay more for food staples like noodles and bread this year, as record wheat prices in the world’s top consumer of …
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By Corina Pons MADRID – Fashion giant Zara’s owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, …
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Biden Admin Gives Big Handout To Solar, Wind Projects As Gas Prices Soar
Biden Admin Gives Big Handout To Solar, Wind Projects As Gas Prices Soar Thomas Catenacci on June 1, 2022 The Biden administration unveiled a policy Tuesday evening making it cheaper for …
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(Reuters) – General Motors Co on Wednesday said it will sharply cut prices on its electric Chevrolet Bolt after the Detroit automaker had halted sales for six months following a …
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By Wayne Cole SYDNEY – Australian home prices broke a 20-month winning streak in May as falls accelerated in Sydney and Melbourne amid rising interest rates and a cost-of-living crunch. …
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Oil, Fuel Prices Skyrocket After EU Rolls Out Russian Ban
Oil, Fuel Prices Skyrocket After EU Rolls Out Russian Ban Thomas Catenacci on May 31, 2022 Global oil and fuel prices surged after the European Union (EU) struck a deal …
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Biden Conveniently Forgets To Mention Oil, Gas Production In His Plan To Address Energy Prices
Biden Conveniently Forgets To Mention Oil, Gas Production In His Plan To Address Energy Prices Thomas Catenacci on May 31, 2022 President Joe Biden neglected to mention domestic oil and …
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Gas Buddy Says Gas Prices Could Go Above $5 Per Gallon Very Soon Nationwide
With Memorial Day behind us, GasBuddy, a nationwide gasoline price tracking service says Americans can soon expect to see gas prices rise above $5 at the pump nationwide very soon. …
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SOFIA – Bulgaria’s producer prices rose by 4.1% on a monthly basis in April after a 4.3% increase a month earlier, the statistics office data showed on Monday. Producer prices …
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BERLIN – Driven by climbing energy prices, German import prices surged 31.7% in April compared to last year’s period, the strongest increase since September 1974, the statistics office said on …
- Financial News
Foreign demand to keep Dubai property prices on steady upward course- Reuters poll
by Reutersby ReutersBy Md Manzer Hussain BENGALURU – Dubai house prices are set to mostly rise steadily over the next two years, driven by demand from foreign investors, according to a Reuters …
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U.S., European thirst for fuel sends physical oil prices soaring
by Reutersby ReutersBy Noah Browning and Alex Lawler LONDON – Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent …
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Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof
Every Time Biden Drained Strategic Oil Reserves, Prices Ended Up Higher. Here’s The Proof Thomas Catenacci on May 29, 2022 President Joe Biden has raided the Strategic Petroleum Reserve three …
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Biden’s Energy Sec Claims He Is ‘Obsessed’ With Lowering Gas Prices. So Why Do Prices Keep Going Up?
Biden’s Energy Sec Claims He Is ‘Obsessed’ With Lowering Gas Prices. So Why Do Prices Keep Going Up? Thomas Catenacci on May 26, 2022 Energy Secretary Jennifer Granholm said President …
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‘Like A Roller Coaster’: Natural Gas Prices Surge, Inventories Drained Following Biden’s EU Deal
‘Like A Roller Coaster’: Natural Gas Prices Surge, Inventories Drained Following Biden’s EU Deal Thomas Catenacci on May 26, 2022 U.S. natural gas prices have skyrocketed nearly 150% this year …
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Hong Kong home prices reverse 3-month drop to climb 0.5% in April
by Reutersby ReutersHONG KONG – Hong Kong private home prices reversed a three-month decline in April, the latest official data showed on Friday, as the financial hub stabilised after COVID-related woes and …
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New Zealand house prices to sink 9.0% this year, another 2% in 2023: Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU – New Zealand’s house prices are forecast to sink 9.0% this year as aggressive interest rate hikes take some heat out of the blazing housing market …
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By Gibran Naiyyar Peshimam and Asif Shahzad KARACHI, Pakistan -Pakistan on Thursday announced it will hike fuel prices so that it can resume receiving aid from a $6 billion package …
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CRUDE FLIP-FLOP: Biden’s Energy Sec Now Open To Oil Ban, But Will It Actually Lower Gas Prices?
CRUDE FLIP-FLOP: Biden’s Energy Sec Now Open To Oil Ban, But Will It Actually Lower Gas Prices? Thomas Catenacci on May 25, 2022 The Biden administration appeared to reverse its …