Tag: Oil

President Joe Biden is once again stepping in to try and curb soaring gas prices, as Americans feel the pinch of higher prices and turn away from Democrats as the midterm elections approach.According to Reuters, Biden is expected to release 14 million more barrels of oil from the Strategic Petroleum Reserve (SPR). It’s another effort to…

© Reuters. FILE PHOTO: A man walks past in front of an electric monitor displaying the Japanese Nikkei share average in Tokyo, Japan October 14, 2022 REUTERS/Issei Kato   JP225 +1.46% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration   AUD/USD +0.34% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200…

© Reuters. FILE PHOTO: French Prime Minister Elisabeth Borne delivers a government statement on the war in Ukraine and the consequences for France, at the National Assembly in Paris, France, October 3, 2022. REUTERS/Benoit Tessier By Mathieu Rosemain PARIS (Reuters) -Petrol supplies at French service stations fell further over the weekend due to a weeks-long…

Sen. Ted Cruz’s latest attempt at owning those danged libs failed miserably on Thursday when the Texas Republican fell for a tweet of a nonexistent news story supposedly published in The Atlantic.Cruz tweeted a link to what looked like an Atlantic article headlined “The Evolution of White Supremacy” with this subhead: “In Dearborn Michigan, Muslim…

SAN JUAN, Puerto Rico (AP) — A standoff between a powerful gang federation and Haiti’s government is testing how much power both sides wield and threatens to further derail a paralyzed country where millions of people are struggling to find fuel and water.A former police officer who leads a gang alliance known as “G9 and…

© Reuters. FILE PHOTO: People wearing face masks shop at a market, following new cases of the coronavirus disease (COVID-19) in the country, in Beijing, China January 11, 2021. REUTERS/Tingshu Wang BEIJING (Reuters) -China’s consumer prices in September rose at the fastest pace since April 2020, driven largely by food costs, limiting the scope for…

© Reuters. FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s net income turned negative in September, minutes from its most recent policy meeting showed, although the largely…

The reported presence of China’s Fuzhou police in New York City has prompted a group of Republican House lawmakers to seek answers from President Biden’s Cabinet Secretaries. Headed by Study Committee Chairman Jim Banks (R, IND-3), Reps. Michael Waltz (R, FL-6) and Mike Gallagher (R, WI-8), the group of 21 lawmakers sent a letter to…

© Reuters. FILE PHOTO: Former Federal Reserve Chairman Ben Bernanke speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Ber By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) -A trio of U.S. economists including Former Federal Reserve chief Ben…