Reasons include a stronger supply of oil and weaker-than-expected demand, energy experts say. Some people are saving hundreds of dollars on fuel.
Tag: Prices (Fares, Fees and Rates)
How the G7 Oil Price Cap Has Helped Choke Revenue to Russia
Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.
Inflation Keeps Cooling
Prices aren’t climbing as quickly as they once were.
U.K. Inflation Swings Upward, to 10.4 Percent
Prices in Britain reversed a recent downward trend, rising 10.4 percent over the year through February.
In Ukraine War, Talking About Peace Is a Fight of Its Own
Russia and the West have argued for months about which side is more willing to negotiate, with the world as an audience.
How Climate Change Is Making Tampons (and Lots of Other Stuff) More Expensive
Cotton farmers in Texas suffered record losses amid heat and drought last year, new data shows. It’s an example of how global warming is a “secret driver of inflation.”
Biden’s Fight Against ‘Junk Fees’
Why the Biden administration is trying to crack down on those sneaky fees charged by hotels, rental cars, internet providers and more.
Natural Gas Shortages Hit China as Temperatures Plunge
Local governments starved for cash after enormous spending on costly “zero Covid” measures cannot afford to keep up adequate supplies of gas.
Germany’s Inflation Rate Hit a High in 2022
The pace of consumer price increases began easing late in the year, but the country’s annual rate of inflation set a new, post-Cold War record.
How Russia’s War on Ukraine Is Worsening Global Starvation
Moscow blocks most shipments from Ukraine, one of the world’s largest wheat producers, and its attacks on the country’s energy grid also disrupt the flow of food.