VIDEO ⟩ Some Asian countries switch to a four-day work week due to oil crisis
Several Asian countries are implementing various measures to cope with rising energy prices, including adopting a four-day work week in certain sectors.
Carney climate plan at risk as Canadian oil companies stress need to boost production
Prime Minister Mark Carney's climate plan faces delays due to pushback from Canadian oil companies regarding new carbon pricing measures.
The 10 Most Famous Types of Oil in the World.. Why the Record Increase in Gulf Crude?
Oil prices continue to rise due to targeting of energy facilities in the Gulf, a disruption in the Strait of Hormuz, and European countries' refusal to assist the US in securing oil tankers.
Whether oil is expensive or cheap! Gas station owners earn a lot selling 1 liter of petrol, this is the math
Despite losses faced by oil companies due to rising crude oil prices, petrol pump owners maintain their profit margins due to fixed commissions.
Peter Navarro: Iran imposed a 'terrorism premium' that has raised global oil prices for decades
Peter Navarro claims that the threat from Iran has added a 'terrorism premium' of $5 to $15 per barrel to global oil prices, affecting decades of pricing.
International Energy Agency: Open to even greater release of oil reserves
The International Energy Agency is considering releasing more oil from its emergency stockpiles if necessary, according to its Executive Director Fatih Birol.
Average gasoline price at gas stations is 1840.85 won per liter… gas prices are on the decline, but the reduction rate is decreasing
The average gasoline price in South Korea fell slightly, but the reduction rate is decreasing following the implementation of a maximum price system for oil products.
Gas prices are soaring – but one Los Angeles gas station is taking it to the extreme
A Chevron gas station in Los Angeles is charging over $8 a gallon for gas, well above the city's average, highlighting extreme regional pricing amid rising gas costs in California.
Iran Attacks a Neutral State and Threatens the Highest Oil Prices in History
Iran's actions have escalated tensions by attacking a neutral state, raising concerns about unprecedented oil pricing.
Measures Align to Secure and Shield Ecuadorian Oil
Ecuador is taking significant steps to implement hedging operations for commodity prices to protect the country from negative impacts of international pricing fluctuations.
They say the oil companies' pricing is historically high
The article discusses claims that current pricing by oil companies in Iceland is at an unprecedented historical high.
Compensation for Oil Company Losses with Taxes... Concerns of 'Stockpiling' with Price Caps
South Korea is set to implement a ceiling price on oil products to stabilize prices after a surge in international oil prices due to the ongoing war, but concerns about stockpiling and equity arise amidst the government's measures.
Petrobras profits from high oil prices, but war in Iran exposes dilemmas for the state-owned company
Petrobras benefits from rising oil prices due to the conflict in the Middle East, but faces challenges related to pricing policies and inflation in Brazil.
Insider Revelation about Pricing Fundamentals: This is How Petrol and Diesel Pump Prices Work Now
An analysis of how fuel prices are set at gas stations amid fluctuating global oil prices and the ongoing conflict in the Middle East.
Concerns Rise in the European Union About Gas and Oil Prices, But Immediate Risk of Oil Shortage is Absent
The European Union convened ambassadors to discuss rising global tensions and their implications for energy security and pricing.
Fuel Prices Soaring 'Without Delay'... President Lee's Strong Warning Yet Gasoline Exceeds 1900 Won in Seoul
The average price of gasoline and diesel in Seoul has surpassed 1900 won per liter for the first time in over three years, prompting President Lee to direct a price cap and investigations into excessive pricing due to the impacts of international conflicts.
Koo Yoon-cheol: Visit to Gas Station for Price Gouging… Expectation for Oil Prices to Normalise Soon
The South Korean government is set to begin inspections of gas stations to address excessive pricing of oil starting from the 6th, with measures being considered to implement price ceilings across regions and types of fuel.
Suspicion of Cartel in Diesel Prices: Special Investigation Department and Fair Trade Commission Search Oil Sales Companies
The Tokyo District Prosecutor's Special Investigation Department and the Fair Trade Commission conducted searches on oil companies for suspected collusion in diesel pricing.
Timo Suslov: a realistic path to Estonia's energy security
Timo Suslov argues that Estonia needs to diversify its energy portfolio to achieve energy independence, competitive pricing, and lower costs, rather than investing in outdated oil shale technology.
Are global markets coming to an end? The forces that 'break' commodities - from metals to oil
Global markets are facing disruptions due to tariffs, sanctions, and protective measures, leading to increased volatility and distorted pricing in commodities.
Who is India's top oil supplier?
The article discusses India's crude oil purchasing policy and its shifting sources from Russia to Venezuela amid geopolitical tensions and pricing strategies.
Esteban Monblán, manager of an oil production company: 'There will be a certain rise in prices'
Esteban Monblán discusses the impact of reduced olive oil production due to rainfall on pricing in the industry.
A month after Maduro abduction, Venezuela moves to reassure China its investments are safe
Venezuela's ambassador to China, Remigio Ceballos, reassures that the partnership between both nations remains strong and unaffected by external pressures, amidst concerns regarding oil pricing set by the US.
The Government's Confusion and the Oil Companies are Not the Guilty Party
The statement from N1's CEO clarifies that blaming oil companies for rising inflation is misleading, as fuel taxes have been passed on to consumers and fuel pricing at N1 has remained unchanged since last year.
Venezuela: What's Next for Oil
The military intervention in Venezuela has disturbed the oil market, causing unexpected consequences for pricing.