Oil extended its retreat from a seven-year high after the U.S. reiterated its decision not to sanction Russian energy exports. Futures in New York closed below $92 a barrel on Continue Reading
For a brief period in the 2010s, high oil prices meant good news for the U.S. economy. Now, they are once again a threat to growth. With prices topping $100 Continue Reading
Gasbuddy: The average price per gallon of gasoline reached $3.57 as of Friday, The gas price increase to $4 could happen in the next few weeks, according to analysts. Fighting Continue Reading
British and Dutch gas prices fell on Friday morning after sharp gains the previous day on the Russian invasion of Ukraine. In the Dutch gas market, the front-month contract fell Continue Reading
Oil prices jumped on Friday by nearly 3% on concerns of global supply disruptions from the impact of trade sanctions on major crude and fuel exporter Russia after it invaded Continue Reading
Russia’s invasion of Ukraine could spell trouble for the U.S. economy, fueling higher gasoline prices and hampering the post-coronavirus recovery. Thursday’s wild price gyrations for crude oil and the U.S. stock Continue Reading
U.S. coordinating with other nations on potential release WTI trading at $93, falling from its highs of $100 a barrel Oil Market Implications of Russia’s Attack on Ukraine Oil pared Continue Reading
Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin Continue Reading
Crude oil futures were higher in mid-morning Asian trade on Feb. 24 as the market weighed the supply implications of targeted western sanctions against Russia and after President Vladimir Putin Continue Reading
Oil soared and global stocks and equity futures tumbled Thursday after Russia’s invasion. Oil surged above $100 a barrel for the first time since 2014 as Russia attacked sites across Continue Reading
