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LN24 > Blog > diesel prices
23
Oct

Trump Invokes Defense Production Act to Boost U.S. Oil Production Amid Soaring Fuel Prices

  • LN24 / 4 days
  • 0
  • 3 min read

U.S. President Donald Trump has invoked the Cold War-era Defense Production Act to strengthen domestic oil production, expand refining capacity and increase fuel supplies as rising energy prices place growing pressure on American consumers and businesses. In a presidential memorandum issued on October 22, Trump designated domestic petroleum production, refining and related infrastructure as essential […]

11
Oct

World Bank in Talks with 40 Countries Over Crisis Aid as Global Economic Pressures Mount

  • LN24 / 2 weeks
  • 0
  • 3 min read

The World Bank is in discussions with between 30 and 40 countries about potential emergency financial assistance as rising energy and fertiliser prices, high borrowing costs and climate risks intensify economic pressures on developing nations. World Bank President Ajay Banga told Reuters that the institution was prepared to provide support as countries grapple with the […]

Russia Extends Ban On Diesel, Marine Fuel Exports By Producers Until October 31 
30
Sep

Russia Extends Ban On Diesel, Marine Fuel Exports By Producers Until October 31 

  • LN24 / 4 weeks
  • 0
  • 2 min read

Moscow Cites Domestic Fuel Market Stability During Harvest Season Russia has extended a temporary ban on exports of diesel, marine fuel and gasoil by direct producers until October 31, as the government seeks to maintain stability in the domestic fuel market. The restriction was previously scheduled to expire today. Russian authorities said the extension is […]