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Behind the 38% surge in pump prices this year is a 24% drop in domestic crude production after Covid, but not for the reasons you think.

Behind the 38% surge in pump prices this year is a 24% drop in domestic crude production after Covid, but not for the reasons you think.

Ocado Retail, the joint venture with M&S, said fourth quarter sales declined 3.9% year on year, largely because of labour shortages, but were up 31.6% on 2019.

The stock market has cleared carriers like Delta Air Lines for takeoff after omicron selling, and traffic is up, but the Covid profit path will be bumpy.

As omicron pounds tech stocks, a fearful market invests in Apple. The iPhone maker is Wall Street’s new safe-haven equities proxy for bonds, but is that...

Major oil producers are due to meet Thursday to decide on output levels from January onwards, which could be frozen as the new Covid variant Omicron sparks turmoil.

LONDON - Major oil producers are due to meet Thursday to decide on output levels from January onwards, which could be frozen as the new Covid variant Omicron sparks turmoil.

Major oil producers are due to meet Thursday to decide on output levels from January onwards, which could be frozen as the new Covid variant Omicron sparks turmoil.

  LONDON, Dec 2, 2021 (BSS/AFP) - Major oil producers are due to meet Thursday to decide on output levels from

The OPEC+ alliance led by Saudi Arabia and Russia has so far resisted US-led pressure to significantly boost output to rein in surging energy prices.