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- The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are scheduled to decide how much oil to supply to the global economy amid weakening demand in China and uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.(AP Photo/Lisa Leutner, File)
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No OPEC+ oil shakeup as Russian price cap stirs uncertainty
By DAVID MCHUGH - AP Business Writer
Sun,12/04/22-5:08AM , 366 Reads
FRANKFURT, Germany (AP) — The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of
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- Ukrainian servicemen walk on a pontoon bridge across the Inhulets river in Kherson region, Ukraine, Saturday, Dec. 3, 2022. (AP Photo/Evgeniy Maloletka)
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Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
By JAMEY KEATEN - Associated Press
Sat,12/03/22-7:40AM , 330 Reads
KYIV, Ukraine (AP) — Russian authorities rejected a price cap on the country's oil set by Ukraine’s Western supporters and threatened Saturday to stop supplying the nations that endorsed it.
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- Residents queue at a bank branch in Kherson, southern Ukraine, Nov. 21, 2022. Even as Ukraine celebrates recent battlefield victories, its government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering out-of-control price spikes for ordinary people or piling up debt that could hamper postwar reconstruction. (AP Photo/Bernat Armangue, File)
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EXPLAINER: Can Ukraine pay for war without wrecking economy?
By DAVID MCHUGH - AP Business Writer
Sat,12/03/22-1:24AM , 302 Reads
FRANKFURT, Germany (AP) — Even as Ukraine celebrates recent battlefield victories, its government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering out-of-control
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How major US stock indexes fared Friday 12/2/2022
By THE ASSOCIATED PRESS
Fri,12/02/22-3:24PM , 283 Reads
Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading.

A government report showing that wage growth accelerated last month spooked investors since it could mean the Federal Reserve will be less able to ease up on its fight against inflation.
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