Tag Archives: prices

Florida cites complaints over Chevron gas prices as shortages mount

Florida cites complaints over Chevron gas prices as shortages mountBy Devika Krishna Kumar and Jessica Resnick-Ault NEW YORK (Reuters) – Florida Attorney General Pam Bondi said on Thursday her office had received 45 complaints of inflated prices at Chevron Corp branded gasoline stations in the southern part of the state, as shortages worsened ahead of Hurricane Irma’s expected U.S. landfall this weekend. More than 1,800 gas stations – more than a quarter of the state’s total – were without fuel late Thursday, up from 1,200 Wednesday, ahead of Irma, which is battering the Caribbean with winds at speeds of around 185 miles per hour (300 km per hour).



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Another blow from Harvey: Houston home prices, rents likely to rise

Another blow from Harvey: Houston home prices, rents likely to riseBy Daniel Trotta and Brian Thevenot HOUSTON/AUSTIN (Reuters) – It might seem like Houston’s historic flood would make America’s fourth-largest city a less desirable place to live, but it’s going to get more expensive, real estate experts say. The supply of houses and apartments is expected to drop sharply with tens of thousands of homes destroyed and uncertain prospects for future flood insurance costs. Following a pattern seen in New Orleans after Hurricane Katrina, that’s likely to drive up home prices and rents in high-and-dry neighborhoods.



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Here's How Whole Foods' New Prices Compare To A Regular Supermarket

Here's How Whole Foods' New Prices Compare To A Regular SupermarketAmazon’s purchase of Whole Foods Market has caused a lot of speculation in how the tech giant will change the high-end supermarket chain.



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FTC Investigating Claims Of Amazon's Deceptive Bargain Prices

FTC Investigating Claims Of Amazon's Deceptive Bargain PricesThe FTC is probing claims made in a nonprofit report that says Amazon is misleading consumers about price bargains. Could this put the Amazon acquisition of Whole Foods in question?



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North Korea fuel prices surge after China cuts oil sales

North Korea fuel prices surge after China cuts oil salesGasoline and diesel prices surged in North Korea in the weeks after a Chinese state oil company suspended fuel sales to the reclusive state, according to data reviewed by Reuters and an interview with a North Korean defector.



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North Korea fuel prices surge after China cuts oil sales

North Korea fuel prices surge after China cuts oil salesBy Heekyong Yang SEOUL (Reuters) – Gasoline and diesel prices surged in North Korea in the weeks after a Chinese state oil company suspended fuel sales to the reclusive state, according to data reviewed by Reuters and an interview with a North Korean defector. China National Petroleum Corp (CNPC), a state-controlled company, halted diesel and gasoline sales to North Korea “over the last month or two”, amid international pressure on Pyongyang to curb its nuclear and missile programs, Reuters exclusively reported on June 28.



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Trump budget proposal: Oil prices fall as Donald Trump plans to sell off reserves

Trump budget proposal: Oil prices fall as Donald Trump plans to sell off reservesAccording to data from Reuters, Brent crude was trading around 0.9 per cent lower late morning in London at just over $ 53 a barrel. The White House said that it plans to sell off half of the 688 million-barrel oil stockpile from 2018 to 2027, in a bid to raise $ 16.5bn to help balance the budget. Strategists said that this scale of such a sell-off could send shockwaves through the oil market which has in recent years already been battling a persistent glut.



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Power from California sun turns wholesale electricity prices negative

Power from California sun turns wholesale electricity prices negativeThe amount of solar power generated by California sunshine has been driving wholesale electricity prices down to zero and even into the negative at times.



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