Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
EIA also raised its forecast for the national average wholesale gasoline price in Q4 by 2cts, or about 1%, to $2.10/gal, while cutting its average retail price forecast by 1.2%, or 4cts, to $3.11/gal.
Oil futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks ...
She is a FINRA Series 7, 63, and 66 license holder. The oil market in 2020 was turned on its head by two major forces: the ...
Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Tuesday, American Refining Group and Ergon Oil Purchasing increased their price by $0.08 to $64.12.
ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.
On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and ...
Gasoline prices could fall below $3 per gallon by Thanksgiving as oil continues to drop on investor concerns over weak demand, one analyst told Yahoo Finance. Oil prices have dropped roughly 10% ...
It didn’t take long for former President Donald Trump to hype up America's oil and gas industry after he won the 2024 ...