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The mere threat of OPEC+ reducing production coincided with a 4% increase in oil prices on Oct. 3, with Brent crude rising 4% and U.S. West Texas Intermediate climbing 4.2%.
LONDON (Reuters) -Oil prices were steady on Friday but on course for a weekly decline as markets wait to see if U.S. President Donald Trump follows through on his threat to impose tariffs on ...
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U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and fuel traders. The ...
Costs are expected to rise only modestly in line with wholesale prices. Propane costs are up 4.4%, with families expected to spend an average of $1,231 heating homes, up from $1,179 last season.
(Reuters) -Oil prices were little changed on Wednesday, pressured by a large surprise build in U.S. gasoline stocks and worries about U.S. interest rate cuts next year, but prices drew support ...
Oil futures rallied amid the largest crude inventory drop since July, which was offset by an increase in gasoline stockpiles. West Texas Intermediate gained almost 1% to settle at $75.09 a barrel ...