Energy

Gas Prices Are Predicted to Increase This Summer, With an Average of $3.70 per Gallon

Gas prices are expected to rise by about $0.10 per gallon this summer due to decreased refinery capacity and higher refining costs, with the average price projected to be around $3.70 per gallon.


Average Gas Price Hits $3.61 per Gallon and Will Keep Rising Despite Inflation Ease

Gasoline prices surged in April, driving up consumer prices, while overall inflation eased; the national average for gas stood at $3.61 per gallon on Wednesday, down $0.02 from the previous month but ..

Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans

Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group...

Joe Biden Signs Law Banning Uranium Imports From Russia to Revive America's Nuclear Fuel Industry

President Joe Biden has signed a bipartisan bill that bans imports of enriched uranium from Russia. Uranium is the fuel most used by nuclear power plants...


Latest News

Oil climbs to $61 on Mideast supply concerns
Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply
Iran would sell more oil if Western sanctions lifted: Mehr agency
Iran said oil prices would not rise above $60 a barrel until 2016 and that it would increase crude exports if Western sanctions over its nuclear program were lifted, the semi-official Mehr news agency
Oil falls in volatile trade on supply worries, dollar and Iran
Oil closed lower on Thursday in volatile trade, as a soaring dollar and the U.S. pursuit of an Iranian nuclear deal offset earlier gains from supply concerns in Libya and Iraq.
Britain ready to force sale of oligarch Fridman's North Sea assets: PM spokesman
Britain is ready to force the sale of Russian oligarch Mikhail Fridman's recently acquired North Sea energy assets unless it receives unspecified assurances within the next week, Prime Minister David
Brent above $61 as Iran news offsets U.S. stockpiles
Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.S. inventories data to focus on the lack of a deal in talks over Iran's nuclear program.
Saudi Arabia expects oil price to stabilize
Saudi Arabia's oil minister said on Wednesday he expected oil prices, which hit a near six-year low in January, to stabilize, signaling cautious optimism about the market outlook.
Oil above $60 as Saudi Arabia sees steady market
Brent crude oil steadied above $60 a barrel on Wednesday after Saudi Arabia's oil minister said he expected the oil market to balance itself.
Brent crude up $1 to over $60.50 as global markets firm
Brent crude oil prices rose more than a dollar to above $60.50 a barrel on Tuesday, tracking firmer Asian markets, but analysts warned the market remained oversupplied.
Venezuela uses 'F word' to discredit fracking
(Editor's Note: please be advised that paragraphs one and two contain language that may offend some readers) Venezuela is not mincing words with a new exhibition titled "F---ing Fracking" that deno
Oil falls toward $61 on dollar, supply concerns
Brent crude oil fell almost 2 percent toward $61 a barrel on Monday after Iran said a deal on its nuclear program could be agreed this week if the West lifted sanctions, which could boost the country'
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