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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...
Numerous factors are pushing prices up, with regular gasoline hitting a record $4.67 a gallon Wednesday according to AAA’s survey. Gas prices were already expected to breach the $4 a gallon...
High oil and gasoline prices will need to rise even higher this summer to incentivize new production and discourage consumption, according to Goldman Sachs.
A rise in global crude oil supply could put the brakes on surging gasoline prices that have hit record levels in parts of the United States and Europe.
Oil prices sank to their lowest levels since July last week (though they ticked higher on Monday) and are sitting on the verge of a bear market, down nearly 20% from September highs. The...
After a relentless rise, the national average gas price has finally leveled off at $3.41 a gallon, according to AAA. That’s roughly flat from a week ago.
Nearly a dozen Senate Democrats called on President Joe Biden on Monday to fight high gas prices by considering a release of barrels from the nation’s emergency oil stockpile, or even taking...
Gas prices could be poised to fall even further in the coming days because the oil market is melting down again. US crude plunged 6% on Monday to $67.38 a barrel following Israel’s retaliatory ...
The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who need to fill up their tanks. Just a few days back, gas prices in...