Energy
Biden Admin Unveils Final Tailpipe Pollution Rules, Slowing EV Transition Until 2030
Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations
Argentina's Economy Minister Issues Warning Over Fuel Shortages: Export Restrictions Loom
Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages...
Saudi Aramco Plans Higher Dividends and Investments to Propel Saudi Arabia Economy
Despite a 24.7% profit drop, Saudi Aramco reported increased dividends in 2023 and billions of investments to keep Saudi Arabia's economy afloat...
Oil Prices Surge 2% as Fed Hints at Interest Rate Cuts
Oil prices surged 2% post-Fed Chair Powell's hints at rate cuts. WTI crude reached $79.73/barrel, reflecting monetary policy's impact on commodity markets...