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Oil prices have climbed in recent weeks, spurred by concerns over supplies and geopolitical risks, including wars in Ukraine and the Middle East. Analysts say the momentum could carry prices...
U.S. oil companies are becoming a lot more restrained about production, and that could keep gas prices high over the longer term.
The recent oil-price slide has led to narrower corporate profits and lower prices at the pump, which now average around $3.11 a gallon for regular gasoline, according to the motor club AAA.
For consumers still scarred by jumps in their energy bills in recent years, the International Energy Agency has good news: Oil and natural gas prices will probably be lower over the next...
Global energy prices are finishing the week the way they started — shooting higher as a cocktail of risks to supply have put investors on edge. The price of Brent crude, the global oil...
Reflecting the increase in crude prices, the average price of a gallon of regular gasoline in the United States has risen to $3.13, according to AAA, up from $3.05 a month ago. A year ago, as...
US oil prices surged above $87 a barrel late last week for the first time since late October, leaving them up about 21% this year. “We can digest $85 or $90 oil. If we go over $90 and closer to...
FRANKFURT, Germany (AP) — Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel. The increase also complicates the global fight against inflation and feeds Russia’s war chest.
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil production cushioned the blow...
Extensive coverage of the global oil and gas industry. The latest news from oil and gas companies and analysis of oil prices and production, including fracking, drilling and refining.