Post Tagged with: "pump prices"

Source: Reuters

Analysis: With record pump prices, Biden hard-pressed to ramp up Russia sanctions

Reuters


As the Biden administration contemplates expanding punitive measures on Russia for its invasion of Ukraine, a big hurdle lies closer to home: the American consumer.

 

U.S. drivers are embarking on summer vacations with gasoline prices averaging more than …

Source: Reuters

Pump prices join oil’s wild ride but risk slamming brakes on recovery

Reuters


LONDON/NEW YORK/SINGAPORE  – With oil prices surging as producers curb supply, fuel prices in many countries have hit multi-year and even all-time highs despite the pandemic knocking demand by millions of barrels per day.

The high prices at the …