❌

Reading view

There are new articles available, click to refresh the page.
↗️

Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?

✇NYT - Home Page
By: Rebecca F. Elliott
Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.

© Ruth Fremson/The New York Times

Governments and companies the world over have been draining their oil storage tanks over the past seven months to keep a lid on prices.
↗️

Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?

✇NYT - Business
By: Rebecca F. Elliott
Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.

© Ruth Fremson/The New York Times

Governments and companies the world over have been draining their oil storage tanks over the past seven months to keep a lid on prices.
❌