Gas prices have plummeted about 13% from a 2024 peak in April, which amounts to a decline of nearly 50 cents per gallon, ...
Oil futures were steady early Friday as investors awaited the U.S. August jobs report, but were on track for a large weekly ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil prices were falling early Tuesday on concerns that global demand is weakening, particularly in China, the second-biggest economy. Chinese refinery output fell in August, a report showed over ...
Oil prices hit a three-year low this week, a milestone that comes after six weeks of consecutive gasoline price decline. The ...
Falling oil prices, driven by weakening Chinese demand and a potential shift in OPEC+ strategy, pose challenges for Big Oil's ...
The plunge in oil prices this week is calling OPEC+’s next move into question. The OPEC cartel and its allies were planning ...
If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Russia’s flagship Urals crude has dropped back below the $60-a-barrel price cap imposed by the Group of Seven nations and its ...
Russia's oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending ...