Inflation Woes Intensify as Saudi Arabia Slashes Oil Output
America’s inflation woes are likely to intensify further after Saudi Arabia revealed in a surprise announcement that it is slashing oil output.
Oil Prices
Oil Executives Say Biden Is ‘Holding Us Back,’ Dallas Federal Reserve Survey Shows
American oil company executives argue that President Joe Biden’s policies are restricting the energy industry, a new survey has revealed.
Oil Refinery Shut Down by Fire, Energy Emergency Declared
A major oil refinery in Indiana has been shut down after a fire broke out at the plant, triggering the federal government to declare an energy emergency across four states.
U.S Executives Blast Biden for Traveling to Middle East for Oil: ‘Texas Is a Lot Closer Than Saudi Arabia’
American petroleum industry executives are firing back at Democrat President Joe Biden for traveling “halfway around the world” to visit the Middle East in search of oil.
Air Transport Association Chief Warns Flights to Get More Expensive: ‘Without a Doubt’
The cost is air travel is going to continue increasing with flight prices expected to soar, the International Air Transport Association (IATA) chief has warned.
JPMorgan Issues Bombshell Warning about Where Oil Prices Are Headed
American multinational investment bank JPMorgan Chase has issued a bombshell warning about where it predicts oil prices could be heading.