Oil

Russian Court Upholds Britney Griner Sentence

The Moscow Regional Court ruled in favor of upholding the nine-year sentence of imprisoned WNBA basketball star Brittney Griner after her appeal on Tuesday.

U.S. Business Activity Deteriorates Even Faster as Biden Touts ‘Historically Strong’ Economic Recovery

U.S. business activity contracted for the fourth straight month in October, and the economic downturn “gathered significant momentum,” S&P Global said on Monday, while the White House touted low unemployment rates and credited President Joe Biden’s economic agenda for a “historically strong” economic recovery.

CEO Warns Biden Put US in a ‘Very Precarious Position’ After More Oil Is Released

An oil CEO said the White House put the United States in a “very precarious position” after another significant release of oil from U.S. reserves.

Saudi Arabia Strengthens Ties With China After Snubs, Begging From Biden

Leaders from Saudi Arabia and China said on Friday that the two nations will strengthen cooperation on energy after the Islamic kingdom’s falling out with the United States.

Inflation Brings Empty Shelves to German Supermarkets

Germany is one of the countries where energy costs and inflation have caused economic stress.

Bill Gates Praises European Energy Crisis

Says crisis is "good for the long run."

Biden Announces Release of More Oil From Strategic Reserve Ahead of Midterms

The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.

Thousands Take to the Streets of Paris to Protest Soaring Prices

Thousands of people took to the streets of Paris on Sunday to protest against soaring prices as weeks of strikes for higher wages at oil refineries spurred demands for a general strike.

Dem Rep. Peltola: Biden Needs to Approve Alaska’s Willow Oil Project So We Can Lower Prices

On Friday’s broadcast of Newsmax TV’s “Wake Up America,” Rep. Mary Peltola (D-AK) said that high gas prices are one reason she’s urging the Biden...

More Foods Will Be Gene-Edited Than You Think

Gene editing has long been primarily used for research, treatment, and disease prevention. Currently, this technology is increasingly being applied to modify agricultural products...

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