U.S. gasoline prices at the pump jumped 6 cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused Continue Reading
Crude oil and refined product prices jumped during the mid-morning trade in Asia May 10, after a cybersecurity breach caused a disruption in operations of the US Colonial pipeline that Continue Reading
Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the U.S. out of action. West Texas Intermediate and Brent both rose as Continue Reading
Markets were braced for volatility in US petrol and diesel prices on Sunday as the country’s biggest fuel pipeline remained shut down following a cyber attack. The Colonial Pipeline, which carries Continue Reading
U.S. gasoline prices may surge to their highest since 2014 even faster than previously expected as a cyberattack disrupts operations on the nation’s biggest oil fuel pipeline. The national average stood Continue Reading
The average U.S. price of regular-grade gasoline jumped 6 cents over the past two weeks, to $3.02 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that Continue Reading
Oil posted a gain this week as expectations for growing economic activity in nations from the U.S. to Europe fueled optimism around stronger summer demand. Futures in New York advanced Continue Reading
There was a slight pullback in oil prices following Wednesday’s highs, but the rally is still very much on and bullish sentiment is palpable as summer driving season nears. For Continue Reading
Crude oil futures were rangebound during mid-morning trade in Asia May 7 as the threat of mutant coronavirus strains from India dampened market sentiment, but a weaker US dollar provided Continue Reading
Oil headed for a second straight weekly advance as investors bet on rising energy demand amid a broad rally in commodities, with robust trade data from China highlighting the strength Continue Reading
