Russia surprisingly lifts diesel export ban after Kremlin’s order to halt fuel exports Oct. 6 (UPI) — On Friday, Russia reversed its decision to ban diesel exports just two weeks after the Kremlin mandated a halt to all fuel exports in an effort to address domestic shortages. The reversal came with a condition that companies …
1/3 British energy company BP’s second-quarter profits were affected by the low prices of commodities in the first half of the year. (File photo by Alexis C. Glenn/UPI) Aug. 1 (UPI) — Following the trend set by its U.S. counterparts, BP, the British energy company, reported a significant decrease in second-quarter earnings due to the …
1/2 Crude oil prices surged on Thursday following Saudi Arabia’s announcement of extending production cuts by a month. The decision, aimed at supporting market stability, was confirmed by the Ministry of Energy in the Saudi government. Image: John Angelillo/UPI | License Photo Aug. 3 (UPI) — According to official sources, the Ministry of Energy in …
Slide 1/3 Shell reported a significant decline in second-quarter profits compared to the first quarter. The company cited lower commodity prices during the three-month period ending in June. File Photo by Terry Schmitt/UPI | License Photo July 27 (UPI) — Energy company Shell reported a second quarter profit of $5.1 billion, a sharp decrease from …
1/3 Shell reported a second-quarter profit that was nearly half of the profit in the first quarter. The company attributed this decline to lower commodity prices during the three-month period ending in June. File Photo by Terry Schmitt/UPI | License Photo July 27 (UPI) — Shell, an energy company, announced a second-quarter profit of $5.1 …
1/2 The International Energy Agency sees demand for crude oil reaching a record level this year, though it was careful to note that broad-based economic woes could throttle momentum. File photo by A.J. Sisco/UPI | License Photo July 13 (UPI) — The International Energy Agency (IEA), based in Paris, has projected a record-breaking global crude …
Travel club AAA reported that the national average retail price of gasoline reached $3.66 per gallon on Friday. This represents an increase of one cent from Thursday and a three cent increase from the previous week. (File Photo by Gary I Rothstein/UPI | License Photo) July 14 (UPI) — Recent data indicates that gasoline prices …
1/2 A federal forecast for the annual average for a gallon of regular unleaded gasoline was among the highest so far this year. However, the price at the pump remains significantly lower than last year. File Photo by Gary C. Caskey/UPI | License Photo July 11 (UPI) — Recent data shows that the most recent …