Iran says it exports 700,000 bpd of oil, later denies reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Laura Sanicola (Reuters) - Oil slipped on Tuesday, pulling back from its recent rally, after OPEC+ producers cancelled a meeting due to clashes over plans to increase supply to meet rising global demand. Ministers from OPEC+, which groups producers from the Organization of the Petroleum Exporting Countries (OPEC) with Russia and others, abandoned talks on Monday as negotiations failed to close divisions. Discussions dissolved after Saudi Arabia, the largest OPEC producer, and United Arab Emirates were unable to agree over the terms for increasing supply. Initially, oil rallied on news of the breakdown in discussions, but prices retreated as traders focused on the possibility that the strife will cause some national producers to open the taps and start exporting more barrels.
Idaho Gas Cost Return to 2014 Prices
Idaho is traditionally one of the most expensive states to fill up your tank. Whether you re filling up your lawnmower, SUV, or RV, you pay more for your gasoline in Idaho than most states in the Union. Last year, gas prices were at an all-time low due to the pandemic. As more and more people return to the roads, the costs of fueling their engines have increased with higher demand.
AAA Idaho reports in a release that Gem State drivers had reached the costs of 2014 when the average price of regular was $3.50 a gallon. In comparison gas prices were $2.20 a gallon last July, reports the Clearwatertribune.com
Idaho Gas Prices Are Reminiscent of 2014
Idaho is traditionally one of the most expensive states to fill up your tank. Whether you re filling up your lawnmower, SUV, or RV, you pay more for your gasoline in Idaho than most states in the Union. Last year, gas prices were at an all-time low due to the pandemic. As more and more people return to the roads, the costs of fueling their engines have increased with higher demand.
AAA Idaho reports in a release that Gem State drivers had reached the costs of 2014 when the average price of regular was $3.50 a gallon. In comparison gas prices were $2.20 a gallon last July, reports the Clearwatertribune.com
2021-07-06 23:35:10 GMT2021-07-07 07:35:10(Beijing Time) Xinhua English
WASHINGTON, July 6 (Xinhua) The U.S. national average gas price is expected to rise above 3.25 U.S. dollars a gallon this summer for the first time since October 2014, the American Automobile Association (AAA) said on Tuesday.
The national average gas price has increased 40 percent since the start of the year, from 2.25 dollars per gallon on Jan. 1 to 3.13 dollars per gallon on July 6, according to the AAA.
The U.S. auto club projected a further increase of 10 to 20 cents by the end of August, bringing the national average gas price well above 3.25 dollars per gallon this summer.