U.S. President Barack Obama Saturday stepped up his call for ending $4 billion in annual tax breaks for the oil industry. In his weekly radio and Internet address, the President noted the auto industry has added more than 200,000 jobs since the federal government helped bail the industry out, and the cars Detroit is making are getting better mileage because of new fuel-efficiency standards. He said his administration 'demanded responsibility' in exchange for the financial help, according to a report of the United Press International (UPI).
GMT 18:55 2018 Friday ,14 December
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Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
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Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
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Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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