Where Is Oil Heading Next?
Fitch Solutions Country Risk & Industry Research has released its latest oil price outlook, which outlines where the company sees the commodity going through to 2026. According to its latest Continue Reading
Gas Prices Have Fallen for 24 Straight Days. The Relief Might Only Be Temporary.
Analysts said the recent decline in gas prices is likely to be short-lived. The price of gasoline in the U.S. has fallen for 24 consecutive days after hitting a record Continue Reading
Gasoline Prices See The Largest Drop In Nearly 15 Years
While gasoline prices are still $1.50 higher per gallon than they were this time last year, they fell sharply overnight in what was the largest one-day drop in nearly 15 Continue Reading
Nordic Power Prices Plunge To Levels Not Seen Since 2020
While Germany and France are grappling with record electricity prices amid low gas supply from Russia and low French nuclear power output, the Nordic countries, which rely mostly on hydro Continue Reading
Crude oil futures ease after overnight surge; US crude stocks rise
Crude oil prices surge by 4% overnight US crude stocks rise, refined products fall US diesel, gasoline demand surge to historical highs Crude oil futures were lower in mid-morning Asian Continue Reading
Oil Heads for Weekly Loss as Growth Fears Trump Supply Tightness
Oil is set for a weekly loss after choppy trading in which concerns over a demand-sapping slump clashed with signals of tight supply. West Texas Intermediate was below $103 a Continue Reading
Oil heads for weekly loss as recession fears trump tight supply
Oil slipped in volatile trade on Friday and was heading for a weekly decline as concern over a potential recession-driven demand downturn outweighed tight global supplies. Central banks are raising Continue Reading
Brent holds above $100 in tussle between supply, recession fears
Oil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted. Continue Reading
Decreasing Oil Prices Push Pump Prices Lower
Since Monday, the national average for a gallon of regular gasoline has decreased by a nickel to $4.75. According to new data from the Energy Information Administration (EIA), gas demand Continue Reading
NYMEX August natural gas futures rally amid storage-driven short-squeeze
Buyers came out following the release of a bullish weekly natural gas storage report, which sent NYMEX August natural gas futures rallying 78.7 cents to settle at $6.297/MMBtu on July Continue Reading