27 Apr 2020

Venezuela’s gasoline goes from world’s cheapest to steepest

by | posted in: News, World News |

PUERTO ORDAZ/MARACAIBO, Venezuela (Reuters) – Venezuelans reported paying above $2 per liter ($7.57 per gallon) for gasoline last week amid fuel shortages, one of the world’s highest rates and a dramatic reversal for an OPEC nation that long boasted of … Read More
3 Oct 2018

Oil falls on news of Saudi-Russian deal to raise output

by | posted in: Middle East, News |

The biggest increase in US stocks in about 19 months also put pressure on crude prices. Saudi Aramco’s Ras Tanura oil refinery and oil terminal. Picture: REUTERS Singapore — Oil prices fell on Thursday from the four-year highs reached the … Read More