Oil

Inflation Woes Intensify as Saudi Arabia Slashes Oil Output

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. On Sunday, the Saudis announced that the country is rolling out voluntary cuts to the Kingdom's oil production. Russia and other OPEC+ oil producers are joining Saudi Arabia…
Read More
Fuel Storage Facility Explodes Suddenly in Indonesia, at Least 15 Dead

Fuel Storage Facility Explodes Suddenly in Indonesia, at Least 15 Dead

A large fuel storage facility in Indonesia has exploded, triggering a huge blaze and killing at least 15 people, according to reports. The fuel storage station is located near a densely populated neighborhood in the nation's capital Jakarta. After the explosion, the fire spread through the neighborhood for more than…
Read More
3 Separate Oil Facilities Explode Suddenly in 24 Hours

3 Separate Oil Facilities Explode Suddenly in 24 Hours

Three oil facilities in separate locations across Mexico and the United States have suffered huge fires after sudden explosions, according to reports. The explosions all occurred in the space of 24 hours. All three facilities, including one in Texas, are controlled by the state-owned Mexican oil company, Petroleos Mexicanos (PEMEX).…
Read More
Biden Snaps at Voter, Vows ‘No More Oil Drilling!’

Biden Snaps at Voter, Vows ‘No More Oil Drilling!’

Democrat President Joe Biden snapped at a voter during an event over the weekend and vowed that there will be "no more [oil] drilling!" On Sunday, Biden hosted a political rally at Sarah Lawrence College in New York for Democrat gubernatorial candidate Kathy Hochul. During Biden's address at the event,…
Read More