The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation. Source: FactSet By The New York Times ...
Oil prices have reached their lowest in almost three months, with significant declines observed in both U.S. West Texas Intermediate (WTI) and Brent crude. This downturn reflects a blend of increasing ...
There were high expectations on Friday that OPEC and its allies, known as OPEC+, would continue to cut production, leading to a rise in oil prices as investors expected that OPEC and its allies would ...
Gasoline prices are displayed at a gas station in Vernon Hills, Ill., on April 1, 2022. (AP Photo/Nam Y. Huh) (CN) — Oil company profits are way up, but gas station profits have declined in 2022 ...