The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.
This is a short WorldPing brief. The full report was published by CNBC World.
Read the full report at CNBC WorldLow-income US households are hit hardest, spending more than 10 percent of monthly income on petrol as prices rise.
Brief by WorldPing · Original reporting by Al Jazeera
Palantir's second-quarter earnings beat expectations, and the AI software company lifted revenue guidance.
Brief by WorldPing · Original reporting by CNBC World
WorldPingRolling coverage of the latest economic and financial news While oil company profits soar, farmers across Europe are warning of a slump in food production and rising prices as crops suffer as a result of extreme heat, drought and wildfires.
Brief by WorldPing · Original reporting by The Guardian
WorldPingLevy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaigners Business live – latest updates Campaigners have renewed calls for a windfall tax on UK banks that could raise £19bn towards Andy Burnham’s…
Brief by WorldPing · Original reporting by The Guardian
WorldPingHigher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.
Brief by WorldPing · Original reporting by BBC Business
WorldPingNumbers using finance rises 170% in a year as leasing firms boom alongside leapin secondhand vehicle supply and surging fuel prices The number of people leasing used electric cars in the UK has more than doubled in the last year as drivers look for c…
Brief by WorldPing · Original reporting by The Guardian