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Lebanon’s government raised the price of fuel Wednesday by about 25%, the National News Agency reported, effectively removing all subsidies on fuel products and pricing them at market rate amid ...
In 2021, Iran sent five fuel tankers, all under the flag of Iran, to Lebanon. Since the financial crisis of Lebanon in August 2019, the country is experiencing a chronic shortage of fuel. The tankers were loaded from Iranian ports, after reaching the Syrian port, be trucked to Lebanon. Shipment delivery was made for Hezbullah. [1] [2] [3]
Oil prices dropped as ... A rising US Dollar Index is also bearish for oil prices since the commodity is invoiced in US currency. An oil platform in Israel's offshore Leviathan gas field is seen ...
On 11 August 2021, the Lebanon central bank ended fuel subsidies, announcing that they would instead offer "credit lines for fuel imports based on the market price for the Lebanese pound". [40] The decision led to significant increases in fuel prices amid an economic crisis in the country, but the government was unable to alleviate shortages. [41]
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
The moves: The S&P 500 fell as much as 1.8%, while the tech-heavy Nasdaq 100 fell 2.2% at intraday lows. Globally, indexes closed lower in Japan, South Korea, and Australia.
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
CAIRO (Reuters) - Algeria will immediately begin supplying Lebanon with fuel for its power plants, Algerian state radio said in a statement on Sunday, after Lebanon's electricity company said the ...