Russia to cut oil output by 5% as sanctions bite | CNN Business

London CNN  —  Russia will cut crude oil production by half a million barrels per day…

Big Oil faces scrutiny after huge jump in profits | CNN Business

London CNN  —  BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record…

Here’s what keeps Jerome Powell up at night and interest rates high | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

BP’s annual profit more than doubles to $28 billion | CNN Business

Hong Kong CNN  —  BP’s annual profit more than doubled last year to nearly $28 billion,…

‘There is only so much patience one can have’: Biden appears to back off vow to punish Saudi Arabia | CNN Politics

CNN  —  Several months after President Joe Biden promised Saudi Arabia would suffer “consequences” after the…

Is this the beginning of the end for Big Oil’s windfall? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Bad omen for drivers: It’s only January, but gas prices are already surging | CNN Business

New York CNN  —  Normally, prices at the gas pump drift lower during the dead of…

Why Egypt is asking its people to eat chicken feet | CNN Business

Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter,…

Russia’s war in Ukraine sparked a historic food crisis. It’s not over | CNN Business

London CNN  —  Grain is once again leaving Ukrainian ports. The price of fertilizer is falling…

What got really expensive this year, and what got cheaper | CNN Business

New York CNN  —  It’s been a tough year for US consumers, who battled decades-high inflation…