News

Oil prices gained ground during Thursday’s Asian session, ending a three-day losing streak after U.S. government data ...
Oil prices hit a three-year low this week, a milestone that comes after six weeks of consecutive gasoline price decline. The drop has little to do with the Biden administration’s direct ...
The cost of oil has fluctuated in recent years, even hitting $71.84 in mid-June of 2023. But prices have not been this low since oil was $69.88 in early December of 2021.
The oil and gas industry contributed $751 billion to the state's economy in 2023, and $27.3 billion in state and local taxes and royalties in 2024. West Texas Intermediate crude averaged $76.63 a ...
Crude oil prices on Tuesday continued one of their steepest slides in recent memory. Futures on West Texas Intermediate crude oil, the U.S. pricing benchmark, fell 3.8% to $68.61 a barrel, their ...
The drop in oil prices follows a steady decline in U.S. gas prices from record highs set in June, with regular gasoline now selling for less than $5 a gallon at a majority of U.S. stations.
Oil prices have started to decrease, which experts said could mean gas prices at the pump will start to go down. Above, gas pumps are seen at a Shell gas station in Washington, DC, on ...
Oil prices are falling as stress in the banking industry raises concerns of an economic slowdown that would curb energy demand. In recent market action Monday: Most-active futures for Brent crude ...
A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic troubles, and sometimes political unrest, as governments slash spending.
Oil prices slid at the start of trading on Monday morning, a respite from the volatility of recent weeks as Russia’s assault on Ukraine grinds on.. Brent crude, the international benchmark, was ...
Oil Prices Are In Turmoil Right Now. Here's What You Need To Know Oil prices were surging, but a dramatic meeting of many of the world's crude producers has thrown things into a bit of turmoil.