Affordable energy prices are brightening Leonore Barfield’s winter. Gasoline has dropped about 50 cents a gallon from last year near her home in the 6,000-person town of Raton, N.M.—lowering the Continue Reading
The oil complex settled lower Friday, snapping eight consecutive up days, amid a renewed focus on demand destruction concerns after the further spread of the coronavirus outside of China. ICE Continue Reading
Oil prices fell on Friday as OPEC+ decided not to move its March meeting forward while Russia indicated that it currently has no intentions to cut production further. Market Movers Continue Reading
Oil prices slid more than 2% on Friday as investors fretted about crude demand being pinched by the economic impact of the coronavirus outbreak while leading producers appeared to be Continue Reading
The perpetual pendulum of crude traders worrying about the world swimming in oil on one end and worrying about supply shortages at the other swung decisively to the latter on Continue Reading
Crude oil futures are trading higher for the week, but Friday’s steep sell-off is threatening to erase all of those earlier gains. After reaching a one-month high on Thursday, prices Continue Reading
Swiss investment bank UBS trimmed its Brent oil price forecast for 2020 Friday but said it saw the market recovering from the third quarter as the impact on Chinese oil Continue Reading
As the effect of the coronavirus epidemic begins to recede and oil prices start to recover, the Energy Information Administration reported a crude oil inventory build of 400,000 barrels for Continue Reading
Gasoline prices in the United States have increased over the past week as a rise in crude oil prices combined with a fire and shutdowns at several major refineries, refinery Continue Reading
Crude oil futures edged higher in the Asian afternoon trade on Thursday, extending gains from the previous session as supply concerns emerged from OPEC producers Venezuela and Libya, while demand Continue Reading
