The ruble fell as low as 94 rubles per dollar on Thursday before making a slight recovery by the end of the trading day.
Tag: Oil (Petroleum) and Gasoline
Key Environmentalists Back Biden, Despite Broken Oil Promises
Four major environmental groups are endorsing President Biden’s re-election bid, but some climate activists say his approval of drilling projects has been a betrayal.
Tensions Rise Over Big Oil’s Role at COP28 Climate Talks
The hosts of the United Nations global climate summit later this year aim to give fossil fuel companies a bigger voice, despite loud objections.
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
Germany’s Tenuous Coalition Government Shows Strain
Tensions in the three-party government have built for months. But the latest sniping is unusually fierce, raising fresh questions of dysfunction.
Alberta Election Sees Conservatives Keep Power After Hard-Right Turn
But the United Conservative Party will hold substantially fewer seats in the legislature, in an apparent rebuff of the politics of its outspoken leader.
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Reasons include a stronger supply of oil and weaker-than-expected demand, energy experts say. Some people are saving hundreds of dollars on fuel.
U.S. Navy Steps Up Efforts to Curb Iran’s Ship Seizures in Strait of Hormuz
The United States is increasing patrols in the busy shipping lanes, where Iranian forces have taken two internationally flagged tankers in recent weeks.
Alberta Fires Rage While Election Ignores Global Warming
For politicians, discussing climate change in a province enriched by oil money is fraught.
Canada Wildfires Rage in Alberta and British Columbia
Wildfires raging in Alberta and British Columbia have created a sense of panic and fear, and forced thousands of residents to evacuate from their homes.