Transportation Secretary Pete Buttigieg touted the benefits of higher gasoline prices during a congressional hearing on Tuesday. Buttigieg appeared before the House Transportation and Infrastructure Committee to examine the implementation of the Infrastructure Investment and Jobs Act. In an exchange with Rep. Carlos Giménez (R-Fla.), Buttigieg reiterated his position that the rising cost of gas…
Pete Buttigieg Says High Gas Prices Will ‘Benefit’ Those Who Access EVs
July 19, 2022
admin
Business & Marketseconomic policieseconomyElectric VehiclesExecutive BranchGold and CommoditiesMarketsPete ButtigiegPoliticsUS
0 Comment
Closing Prices for Crude Oil, Gold and Other Commodities (July 19)
July 19, 2022
admin
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesMarketspersonal financeUncategorized
0 Comment
Benchmark U.S. crude oil for August delivery rose $1.62 to $104.22 a barrel Tuesday. Brent crude for September delivery rose $1.08 to $107.35 a barrel. Wholesale gasoline for August delivery rose 4 cents to $3.31 a gallon. August heating oil fell 3 cents to $3.63 a gallon. August natural gas fell 21 cents to $7.26…
European Firms on Verge of Bankruptcy as Energy Crisis Deepens
The energy crisis unfolding in Europe is starting to weigh on a growing number of the continent’s oil, gas, and utility companies. Uniper, Germany’s struggling natural gas utility giant, recently filed a bailout application to the government after facing significant financial challenges, according to Finnish majority owner Fortum. For weeks, the firm had been in…
Bailouts, Recessions Become New Wrinkles in Europe’s Energy Crisis
The energy crisis unfolding in Europe is starting to weigh on a growing number of the continent’s oil, gas, and utility companies. Uniper, Germany’s struggling natural gas utility giant, recently filed a bailout application to the government after facing significant financial challenges, according to Finnish majority owner Fortum. For weeks, the firm had been in…
Iran and Russia’s Gazprom Sign Primary Deal for Energy Cooperation
July 19, 2022
admin
Business & Marketscooperationeconomic policiesenergyEuropeGasGazpromGold and CommoditiesIranMarketsMiddle EastOilRussiaWorld
0 Comment
LONDON—The National Iranian Oil Company (NIOC) and Russian gas producer Gazprom signed on Tuesday a memorandum of understanding worth around $40 billion, Iran’s oil ministry’s news agency SHANA said. The deal was signed during an online ceremony by the CEOs of both companies on the day Russian President Vladimir Putin arrives in Tehran for a…
Biden’s Failure to Get Saudis to Pump More Crude Has US Oil Producers Calling for ‘Loosening the Taps Here’
July 19, 2022
admin
American oilBusiness & MarketseconomyExecutive BranchGold and CommoditiesinflationJoe BidenMarketsPoliticsSaudi ArabiaUS
0 Comment
American oil producers have urged President Joe Biden to focus his attention on ramping up domestic production in the wake of his failure to persuade Saudi Arabia to pump more crude. Biden met with Saudi officials on a recent trip to the Middle East, where he did not manage to secure a pledge to ramp…
Oil Prices Soften but Supply Tightness Trims Losses
July 19, 2022
admin
Business & Marketseconomic policieseconomyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices softened on Tuesday after soaring by more than $5 barrel in the previous session on expectations that U.S. crude inventories may have risen last week, but tight supplies and a weaker dollar curbed losses. Brent crude futures for September settlement fell 68 cents or 0.6 percent to $105.59 a barrel by 0949 GMT….
European Shares Slip, Dollar Pauses With Central Banks in View
LONDON/HONG KONG—European shares slipped on Tuesday, while the dollar hovered below last week’s peak, with investors eyeing central bank meetings this week for clues on market direction. The broader Euro STOXX 600 fell 0.6 percent, with indexes in Paris and Frankfurt both down 0.9 percent. Traders were on edge with few immediate pieces of macroeconomic…
Financial Giants Reject West Virginia’s Claims That They’re Boycotting Fossil Fuels
July 19, 2022
admin
Business & Marketscancel culturecoalCompaniescongressDemocratseconomic policieseconomyFeatured Topicsfossil fuelsGold and CommoditiesInvestmentJoe ManchinMarketsPoliticsRepublicansstocksUSUS NewsWest Virginia
0 Comment
Six financial institutions that West Virginia Treasurer Riley Moore contacted over their alleged boycotting of the fossil fuel industry have replied, denying the accusations while laying the groundwork for what could be a protracted legal battle. The Epoch Times obtained the letters through a West Virginia Freedom of Information Act request. Moore sent letters to…
Closing Prices for Crude Oil, Gold and Other Commodities (July 18)
Benchmark U.S. crude oil for August delivery rose $5.01 to $102.60 a barrel Monday. Brent crude for September delivery rose $5.11 to $106.27 a barrel. Wholesale gasoline for August delivery rose 5 cents to $3.25 a gallon. August heating oil fell 4 cents to $3.66 a gallon. August natural gas rose 46 cents to $7.48…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta