Oil
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World
Venezuela Pledges Small Steps Toward Fair Elections Next Year
The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run.
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Finance
U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap
The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.
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World
China’s Economic Stake in the Middle East: Its Thirst for Oil
China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if…
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Finance
Exxon Mobil Strikes $60 Billion Deal for Shale Giant
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in…
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World
Oil Prices Were Going Down Again. Then War Started in the Middle East.
After a surge this summer when oil prices approached $100 a barrel, the cost of crude was tumbling again. Now…
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Finance
Diesel Prices Could Keep Inflation High
The cost of the fuel has been rising in recent weeks and could spike this winter because of supply problems,…
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World
Venezuela’s Oil Industry Is Broken. Now It’s Breaking the Environment.
Each morning, José Aguilera inspects the leaves of his banana and coffee plants on his farm in eastern Venezuela and…
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Style
A New French Hotel, Perched on a Cliff
Plus: naturally dyed table linens, a memorial in the form of a closet and more recommendations from T Magazine.
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Finance
Nations Aim to Zero Out Shipping Emissions by Midcentury
Regulators reached a provisional deal on how quickly the transition to zero-emissions fuels should happen for cargo ships, which often…
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World
The ruble hits early war lows, extending a slide that began after Prigozhin’s mutiny.
The Russian ruble slid to lows unseen since the weeks after Moscow launched its invasion of Ukraine, amid fallout from…