Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55366954
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A cyclist rides past a sign showing the prices of gas at a filling station in San Francisco, California July 22, 2015. REUTERS/Robert Galbraith

U.S. Refiners Face Weakening Demand at Pump

by Asharq Al-Awsat | Feb 6, 2017 | Business

New York- U.S. refiners are facing the prospects of weakening gasoline demand for the first time in five years, stoking fears that earnings this year may be even worse than the dismal performances seen in 2016. The sign of weakening U.S. gasoline demand comes as U.S....

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A table with OPEC logo is seen during the presentation of OPEC’s 2013 World Oil Outlook in Vienna , November 7, 2013. REUTERS/Leonhard Foeger

Oil Rebounds on OPEC Deal Speculation

by Asharq Al-Awsat English | Sep 19, 2016 | Business

Oil prices witnessed a1 percent rise on Monday after Venezuela made hints on OPEC members and other oil giant producers might eventually agree to a deal to freeze output, and as clashes in Libya disrupted attempts to restart crude exports from key ports. U.S. gasoline...

Media ID: 55318371
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A man selling gas waits for clients along a street in Duma neighborhood in Damascu, on October 3, 2013. (REUTERS/William Ismail)

Syria raises gasoline prices

by Asharq Al-Awsat | Oct 5, 2013 | Business

Damascus, AP—Syria’s government has raised the price of gasoline, a step likely to increase hardship for many Syrians already suffering from the economic consequences of civil war. The government declaration was issued late Friday, raising a liter (quarter...