Gas prices in the Golden State are plummeting and inflation may be easing, but Democratic lawmakers and other political professionals believe it will have little effect on the state’s push to take oil companies to task for allegedly price-gouging drivers at the pump.

Oil Prices Usa

European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil - an idea of the Group of Seven (G7) nations.

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The disagreement over the price cap "could jeopardize the bloc’s energy crisis response plan"

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Fuel prices reach new record highs - with petrol at 171.1p a litre and diesel at 181.6p, data shows Filling up a typical 55-litre fuel tank with diesel now costs about £100, while for petrol it is about £94.

Car Fuel Prices

Intercontinental Exchange Inc. (ICE) said Wednesday that natural gas futures trading in Europe set new records last month amid volatility sparked by Russia’s invasion of Ukraine and the ongoing threat it has posed for the continent’s energy supplies.

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Consumer inflation has surged to a fresh two-decade high in Turkey as external headwinds spawned by Russia’s invasion of Ukraine add to the country’s own economic woes.

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Soaring energy prices have seen France's smaller communes forced to close swimming pools and meeting spaces and turn off street lamps as they struggle to pay the bills.

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