Using customs data from India, Mr. Vakulenko, the Russian oil expert, showed that local importers of Russian crude paid almost the same price as Brent crude. A New York Times […]
Oil (Petroleum) and Gasoline
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Back to news homeShell’s Profit Soared to $42 Billion in 2022
Shell, Europe’s largest energy company, reported a bumper annual profit for 2022 on Thursday: $42.3 billion, more than double its 2021 total and probably a record for any Britain-based company.The […]
Oil Giants, After Surge in Profits, Are Wary About Spending
Exxon Mobil made $56 billion in profit last year, its largest annual haul ever. Chevron earned $36 billion, also a company record. But after a bountiful 2022, the outlook for […]
Inflation Is Slowing, Good News for American Consumers and the Fed
Inflation slowed on an annual basis for a sixth straight month in December, a relief for households and an encouraging signal for the Federal Reserve and the White House that […]
Inflation slowed last month thanks to cheaper fuel and airfares.
Jan. 10 Jan. 11 Jan. 12 3,880 3,900 3,920 3,940 3,960 3,980 The stock market wobbled on Thursday morning as investors reacted to fresh data that showed price increases slowed […]
In New Mexico, Trying to Capitalize on Natural Beauty as Climate Change Disrupts It
The Hermit’s Peak and Calf Canyon fires started in April, after the U.S. Forest Service conducted what was supposed to have been a controlled burn to thin the dense undergrowth. […]
Gasoline Price Falls Below Year Ago Level
While the decline in gasoline prices has been widely felt, some states still have prices well above the national average. In California, which has high gasoline taxes and rigorous emissions […]
India Chases Clean Energy, but Economic Goals Put Coal First
In the shadow of a retired coal-fired power plant in India’s capital, Meena Devi tries to make her family home — four brick walls with a tin roof — a […]
If There Is a ‘Male Malaise’ With Work, Could One Answer Be at Sea?
Before dawn on a recent day in the port of Seattle, dense autumn fog hugged Puget Sound and ship-to-shore container cranes hovered over the docks like industrial sentinels. Under the […]
Advice for Europeans: Bundle Up and Get Ready for Outages
Life in some European cities may soon look like this: Staggered electricity outages to save energy. Temporary cuts in mobile phone and internet service. Schools closed for a lack of […]