The Latest Breaking News from Gas Prices

Presidents from both parties have ordered sales from the Strategic Petroleum Reserve to soften spikes in gas prices.

Nigeria's presidential frontrunner Bola Tinubu on Friday promised to remove a fuel subsidy if elected next February, adding that his government would ramp up oil production and deregulate midstream gas prices within six months.

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs.

Cooking gas prices will remain unchanged until the end of this year, even though world prices for liquefied petroleum gas (LPG) are falling, as authorities seek to shore up the heavily indebted Oil Fuel Fund.

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Saudi ministers said that they were working together to advance the industrial sector and achieve the goals of the National Industrial Strategy, which was launched by Crown Prince Mohammad bin Salman on Tuesday. They added that talks were underway with international companies to establish a center for car manufacturing in…

President announces release of 15m barrels of oil from strategic reserve as he fights to keep gas prices in check before midterms. Plus, why spending time with strangers can make you happy

Adding to pressure on Albanese government, unions are warning of risk to manufacturing jobs from sky-rocketing gas prices

US president announces release of 15m barrels of oil from strategic reserve as he fights to keep gas prices in check before midterms