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CNBC

This is why spiking oil prices and $5 gasoline may not lead to a recession

Source: Oil and Gas Much higher oil and gasoline prices increase the chances for a recession, but economists say the U.S. economy is resilient and should dodge one for now.…

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March 8, 2022
CNBC

Hess CEO says oil is in the ‘intensive care unit’ — U.S., other nations need to act

Source: Oil and Gas The International Energy Agency should release 240 million barrels of oil from strategic petroleum reserves, Hess Corp. CEO John Hess said. Full Article: Read More

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March 8, 2022
CNBC

EU pledges to cut Russian gas imports by two-thirds before the end of the year

Source: Oil and Gas The 27-member bloc has been heavily criticized for being too reliant on Russia for energy, especially in the wake of Russia's unprovoked attack on Ukraine. Full…

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March 8, 2022
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