Oil tumbled Wednesday amid concern of a US recession. Anthony Di Paola reports. Oil plunged for the second time in a few days on concerns that a global economic slowdown Continue Reading
Oil prices rose on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine. Brent crude rose $1.61, or Continue Reading
Oil climbed as financial markets recovered from last week’s rout, with traders confident that tight supplies will sustain higher prices even if the global economy contracts. West Texas Intermediate August Continue Reading
A structure burns in Druzhkivka, Ukraine on June 20. Photographer: Scott Olson/Getty Images Global oil investment will be stagnant this year and may even decline as producers deal with surging Continue Reading
Investments in global energy supplies will jump this year, led by an expansion in no-emission or low-emission capacity but the spending won’t be sufficient to tame soaring energy prices, or Continue Reading
American drivers are starting to buy less gasoline as they feel the economic burden of record prices that continue to hover near $5 a gallon.In the first full week of June, gasoline sales at Continue Reading
What exactly do you pay for when you buy fuel? What exactly do you pay for when you buy fuel? Well, that depends on whether you’re purchasing regular gasoline or Continue Reading
Oil prices rose on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine. Brent crude rose $1.61, or Continue Reading
Oil prices rose on Monday in volatile trade, reversing earlier losses, as tightening supplies outweighed concerns about slowing global economic growth and fuel demand. Brent crude futures rose 42 cents, Continue Reading
Rystad Energy’s… Diesel and gasoline markets are witnessing crack spreads in the $50-$60 per barrel range due to inventory stocks across the world being at record lows. The global oil Continue Reading
