Oil prices fell on Thursday after U.S. President Donald Trump sent a strident tweet demanding that OPEC cut prices for crude. The escalating trade row between Washington and Beijing, which Continue Reading
Brent oil rose on Wednesday, driven higher by a threat from an Iranian commander and a drop in U.S. crude inventories for the second week in a row. The price Continue Reading
International headlines haven’t been good for companies selling autos in the U.S., but rising oil prices shouldn’t rank very high on their list of worries. U.S. retail gasoline prices ahead Continue Reading
Major states buying oil from Iran are unlikely to heed the U.S. call to drop imports; key allies want a waiver to avoid sanctions; OPEC, meanwhile, will have trouble boosting Continue Reading
Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United Continue Reading
Crude oil prices rose on Tuesday with the U.S. benchmark hitting a four-year high on expected drains in domestic inventories and outages in Libya. Crude oil prices fell on Monday Continue Reading
U.S. retail gas prices headed into the Independence Day holiday are the highest they’ve been in four years and may spike further alongside oil, an analyst said. Motor club AAA Continue Reading
U.S. traffic volumes are leveling off in a sign the previous stimulus from cheap gasoline prices is fading as pump prices rise. The volume of traffic on U.S. roads was Continue Reading
Oil prices rose on Tuesday after Libya declared force majeure on some of its supplies, while an ongoing Canadian outage lifted U.S. crude to levels not seen since late 2014. Continue Reading
With oil rallying 14 percent in the second quarter alone, investors might be tempted to take some profits. That would be a mistake, says one widely followed energy strategist. “What Continue Reading
