Economy Jun 22 Oil prices rise, U.S. stock futures slide in response to U.S. strikes on Iranian nuclear sites By Associated Press
Politics Nov 30 Watch 4:01 News Wrap: Trump again under gag order again in civil fraud trial In our news wrap Thursday, former President Trump is under a gag order again in his civil fraud trial in New York, Sen. Tommy Tuberville is signaling he's ready to end his blockade of hundreds of high-level military nominations and…
World Sep 05 Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a day oil cut through December The dual announcements from Riyadh and Moscow on Tuesday said the two countries would trim 1.3 million barrels of crude out of the global market. By Jon Gambrell, Associated Press
World Aug 03 Saudi Arabia extends daily oil production cut through September to boost energy prices The Saudi cut of 1 million barrels per day, which began in July, comes as the other OPEC+ producers have agreed to extend earlier production cuts through next year. By Associated Press
World Jun 04 OPEC+ member countries consider more production cuts as oil prices slump The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. By David McHugh, Associated Press
Dec 05 European Union implements Russian oil price cap to limit Kremlin war chest By David McHugh, Associated Press The impact may be blunted because Russia has been able reroute much of its European seaborne shipments to China, India and Turkey, although at steep discounts. Plus, the price cap is near what Russian oil already cost. Continue reading
Dec 05 Ukrainian infrastructure again hit by latest round of Russian missiles By Jamey Keaten, Associated Press Russia has unleashed what Ukrainian authorities called the latest “massive missile attack” across their country, striking homes and buildings, killing civilians, and disrupting electrical power and water supplies in areas. Continue reading
Dec 03 Russia rejects $60-per-barrel cap on its oil, warns Western countries of cutoffs By Jamey Keaten, Associated Press Russian authorities rejected a price cap on the country's oil set by Ukraine’s Western supporters and threatened Saturday to stop supplying the nations that endorsed it. Continue reading
Nov 01 Watch 7:13 Oil companies post massive profits as consumers feel squeeze from high gas prices By William Brangham High gas prices are on the minds of Americans a week before the election. At the same time, oil and gas companies are reporting record-breaking profits. President Biden lashed out and called for a new windfall tax if companies don't… Continue watching
Oct 31 WATCH: Biden compares oil firms to war profiteers, talks of windfall tax By Zeke Miller, Seung Min Kim, Associated Press President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on energy companies if they don't boost domestic production. Continue reading