With oil prices stuck, Saudi Arabia and Russia announce plans to cut oil production
1/2 The core members of the Organization of the Petroleum Exporting Countries meet Wednesday and Thursday for a regular meeting in Vienna. Saudi Arabia and…
Energy Department revises forecast for gasoline prices higher
1/2 The U.S. Energy Department revised its estimate for the average price for a gallon of gas. Prices at the pump, however, remain well below…
U.S. Energy Departments revises crude oil, gas price forecasts higher
1/2 Revisions to U.S. estimates for the price of crude oil and retail-level gasoline was spurred in part by a recent decision from OPEC to…
U.S. gasoline prices follow crude oil higher
1/3 Retail gasoline prices are following trends in crude oil prices, which are rising as anxiety over a global financial crisis subsides. File Photo by…
U.S. demand for refined petroleum products drops below pandemic levels
1/3 Data released by the U.S. Energy Information Administration show the total amount of refined petroleum products supplied to the market, a proxy for demand,…
Gas prices drop for two straight weeks; may be at low point for the season
1/3 The price for a gallon of gasoline has declined for two straight weeks, though current levels may represent something of a floor price given…
GasBuddy: Slight dip in gasoline prices to $3.47 is a first for 2023
1/3 Retail gasoline prices posted a weekly decline for the first time this year. A decline in crude oil prices and weaker consumer demand are…
World Bank latest to sound global recession alarm bells
1/3 Global markets barely moved on the news, though the World Bank is not alone in warning the global economy could move into recession this…