Saudi Minister of State for Foreign Affairs Adel al-Jubeir talks to CNN's Becky Anderson about OPEC+ production cuts and responds to criticism of the move […]
Continue readingTag: oil prices
Biden considering ‘alternatives’ after OPEC oil production cuts | USA TODAY
President Biden says the White House is exploring alternatives after OPEC’s decision to slash the amount of oil delivered to the global economy. RELATED: Biden […]
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Goldman Sachs CEO thinks inflation will go higher
The CEO of one of America's largest banks is worried inflation will remain problematic for a while longer — and he thinks there's a growing […]
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CNN reporter shows how products are shrinking but keeping the same price
CNN Business correspondent Alison Kosik explains how manufacturers make small changes to products but keep them at the same price. The process called "shrinkflation" usually […]
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‘Any savings is a blessing’: Gas station owner on dropping prices for a few hours
A Georgia gas station owner took a $12,000 hit on July 4th when he lowered the prices at the pump. Ravi Patel tells CNN's Ana […]
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Hear Biden’s message to gas companies after announcing gas tax holiday
President Joe Biden appealed directly to gas companies to lower their prices to give relief to Americans during a speech in which he called on […]
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Biden’s ‘gas tax holiday’ looks to suspend gas tax nationwide | USA TODAY
The Biden administration is billing a gas tax holiday as a way to provide some "breathing room" as it works to bring gas costs down […]
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Biden considers gas tax holiday amid soaring prices | USA TODAY
President Biden says he is considering a gas tax holiday and will meet with oil and gas company leaders amidst record high gas prices. RELATED: […]
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He predicted US inflation would rise. Hear what he thinks about a recession
Former US Treasury Secretary Larry Summers, who faced criticism from the Biden administration in 2021 for saying inflation would rise in the US, predicts that […]
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Anti-Putin Russians based in Ukraine allegedly stage incursion into Russia
