WTI crude oil (CLQ25) on Thursday closed down -1.81 (-2.65%), and August RBOB gasoline (RBQ25) closed down -0.0355 (-1.62%).

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...

Lower oil prices mean lower prices at the pump. Gasoline prices usually go up in the spring, but went down in April, and could fall further. That means more money in the pockets of American drivers.

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

A big drop in crude prices year over year leaves Alaska, reliant on oil for revenue, at the bottom of CNBC’s annual Top ...

Oil prices fell sharply Tuesday, returning to levels last seen before the Iran-Israel conflict, as investors cheered news of a ceasefire, albeit fragile, between the two countries.

When oil prices fall, the U.S. now loses more on exports than it saves on imports. That means falling oil prices today actually worsen the U.S. trade deficit—the very thing that tariffs are ...

But in general, crude oil prices are very low and continue to fall. Brent, an international benchmark, is in the mid-$20s and fell more than 9% on Monday. At the start of 2020, a barrel of West ...

The falling price of oil is also putting severe pressure on Alaska’s state budget. All told, oil prices are likely to be good for 42 states (in green) and bad for the other 8 (in red): ...

Oil Prices Are Falling. Here’s Where That Could Spell Trouble. For countries that depend heavily on oil revenue, dropping prices are worrisome. Listen to this article · 5:49 min Learn more.

Oil prices fell to the lowest levels since January as fears about a global recession accelerated and the dollar strengthened further. U.S. benchmark WTI traded at $78.91 a barrel, sliding 5.5%.