Energy Update
BRUSSELS, Jan 14 (Reuters) - The European Investment Bank (EIB) said on Thursday it had suspended any further loans to Volkswagen while it investigated whether previous funding could have had any link to the German carmaker's emissions test cheating scandal.
PARIS, Jan 14 (Reuters) - Members of the U.S.-led coalition fighting Islamic State will meet in Paris next week to reinforce efforts against the group, France's defence minister said on Thursday, adding that the militants were clearly retreating in Iraq.
OSLO, Jan 14 (Reuters) - Norwegian police said on Thursday they have dropped a planned appeal in a decade-long tax fraud case against Swiss-based offshore drilling firm Transocean , declaring that the company and its advisers are now considered innocent.
LONDON, Jan 13 (Reuters) - Oil and gas production was one of the fastest-growing industries in the United States between 2009 and 2014 according to the U.S.
US mills still file trade cases, sometimes massively, but it seems the days when the government would step in to enact comprehensive solutions are over.
(Thu, 14 Jan 2016) Based on EIA's weekly survey of gasoline prices, the U.S. average retail price for regular gasoline fell to $1.996 per gallon (gal) on January 11, falling below $2.00/gal for the first time since March 23, 2009. The U.S. average retail regular gasoline price had last approached, but not gone below, the $2.00 mark in early 2015. Falling gasoline prices are a result of falling crude oil prices and the seasonal slowdown in gasoline demand.
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