Oil prices steady after US call for more oil raises supply concerns thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Prices for U.S. consumers rose last month but at the slowest pace since February after four months of sharp increases that have imposed a financial burden on the nation's households.
President Joe Biden's administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation's recovery from the pandemic-induced recession.
US ready to hold consultations with OPEC on increasing oil production news.am - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.am Daily Mail and Mail on Sunday newspapers.
Rising demand for oil abruptly reversed course in July and is set to proceed more slowly for the rest of the year due to the spread of the COVID-19 Delta variant, the International Energy Agency said on Thursday.