Latest in Global Oil Prices
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Congestion pricing in NYC starts after years of turmoil
The countdown to congestion pricing in New York City is over. Drivers now must pay a toll to enter Manhattan south of 60th Street.CBS News - Jan. 5 -
Oil tanker boss says UN maritime body ‘sleeping’ over dark fleet threat
Lars Barstad of Frontline insists it is ‘only a question of time’ before a significant maritime disaster takes placeFinancial Times - Jan. 5 -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - Jan. 4 -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - Jan. 4 -
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Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - Jan. 4 -
How Elon Musk’s X became the global right’s supercharged front page
Musk has now used X as a platform to make aggressive interventions in US politics – and in those of other countries. As a business proposition, Elon Musk’s ownership of X, formerly known as ...The Guardian - Jan. 4 -
‘Ironic’: climate-driven sea level rise will overwhelm major oil ports, study shows
Ports including in Saudi Arabia and the US projected to be seriously damaged by a metre of sea level rise. Rising sea levels driven by the climate crisis will overwhelm many of the world’s biggest ...The Guardian - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Judge Rejects New Jersey’s Bid to Halt Congestion Pricing
Starting Sunday, most drivers who enter Manhattan south of 60th Street during peak travel times will be charged a $9 fee.The New York Times - Jan. 4 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Pokemon Go Community Day Ticket Prices Increased For January Event
Each month, Pokemon Go players take part in the mobile game's Community Day: A recurring monthly event in which one Pokemon takes center stage and becomes available to catch in its Shiny form. ...GameSpot - Jan. 3 -
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Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Meta Appoints Joel Kaplan to Lead Global Policy, Replacing Nick Clegg
Joel Kaplan, a former senior adviser to George W. Bush, replaces Nick Clegg, a former deputy prime minister of Britain, as Meta’s head of policy.The New York Times - Jan. 2 -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Meta global affairs chief Clegg to be replaced by Republican Kaplan
Move comes just ahead of Donald Trump’s return to the White HouseFinancial Times - Jan. 2 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Joel Kaplan to replace Nick Clegg as Meta global policy leader
Meta will switch up its global policy team in the new year and has appointed former George W. Bush administration official Joel Kaplan to replace Nick Clegg as the company's chief global affairs ...The Hill - Jan. 2 -
Tesla's Global Vehicle Deliveries Fell in 2024 for the First Time in Years
A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.The Wall Street Journal - Jan. 2 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
Can France become a global AI powerhouse?
Momentum has been slowing but the country boasts enviable technical skills and a burgeoning entrepreneurial cultureFinancial Times - Jan. 2 -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - Jan. 2 -
House prices rose by 4.7% in 2024, says Nationwide
Housing market activity remained "remarkably resilient" despite affordability challenges, the lender says.BBC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Russian officials have warned of severe environmental damage as thousands of people came out to clean up tons of fuel oil that spilled out of two storm-stricken tankers more than two weeks ago in ...ABC News - Jan. 1 -
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New Jersey Asks Judge to Delay Congestion Pricing Plan
The state had sued to stop New York’s plan to charge motorists entering Manhattan’s busiest roadways. Late Tuesday night, lawyers requested a temporary restraining order.The New York Times - Jan. 1 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1
