Oil Prices Jump
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Oil futures added to last week’s gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day’s highs as talks on Iran’s nuclear program and the Russia-Ukraine war keep open the possibility of sanctions eventually being lifted.
LONDON (Reuters) - Oil prices jumped by about 4% on Monday after the U.S. and China said they would ease some of their tariff measures, raising hopes of an end to the trade war between the world's ...
India and Latin America greatly influence the price of oil, since they require more and more oil to support their economic growth and resulting rise in energy consumption. The supply of crude oil ...
Michigan gas prices jumped up in the past week, landing at $3.21 a gallon, an average increase of 17 cents. The gas prices went up as oil prices went down and the president repeated a claim in a "Meet the Press" interview that aired on Sunday that he had brought gas prices "down to $1.98 in many states."
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.
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Singapore, May 7 (BNA): Oil prices rose on Wednesday, holding slightly above recent four-year lows. Brent Crude futures gained 44 cents a barrel, or 0.7%, to $62.59 a barrel by 0400 GMT, Reuters reported. U.S. West Texas Intermediate crude was up 50 cents ...
Oil prices reportedly dropped Monday in a trend an analyst said could contribute to lower gas prices.The price for a crude oil continuous futures contract, whic
Cheniere Energy's Q1 revenues surged to $5.3 billion, driven by higher global demand for U.S. LNG and stronger natural gas prices.
Oil futures headed higher on Thursday, supported by potential progress on international trade agreements. U.S. Treasury Secretary Scott Bessent plans to meet with China’s top economic official in Switzerland over the weekend,