Topline The national average price for a gallon of gas dropped to $3.38 on Saturday, according to GasBuddy, bringing it within two cents of where they were at this time last year, as gas prices contin...
Tag: brent crude
Oil Prices Hold Steady. U.S. Said to Be Looking at Relaxing Venezuela Sanctions.
Oil prices on Thursday largely held to gains from the previous session despite a report from The Wall Street Journal that the U.S. government could relax sanctions on Venezuela to allow new supply ont...
Oil Prices Plummet As Dollar Soars And Global Recession Fears Grow
Topline Oil prices continued to plummet on Monday, plunging to their lowest levels since January and continuing weeks of decline as fears of a looming global recession mount, inflation rates remain hi...
Oil Plunges To Lowest Level Since January—Here’s Why Experts Say Low Prices Won’t Last
Recession fears and a stronger U.S. Dollar both continued to weigh on oil prices. Hasan Jamali/Associated Press Oil prices continued to tank on Friday, posting a fourth straight week of declines and f...
Crude Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Oil Prices Hit Seven-Month Low As Recession Fears Weigh On Demand
Topline Oil prices dropped more than 5% on Wednesday, falling to just over $80 per barrel and hitting their lowest point since January as rising fears that a global economic downturn will hurt demand ...
Oil Selloff Continues Amid Recession ‘Panic,’ But Analysts Predict Prices Will Rebound Later In 2022
Topline Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting d...
Oil Market Shows Optimistic Outlook For Energy Crisis
ARTEMIVSK, UKRAINE – FEBRUARY 19: Ukrainian soldiers who left Debaltseve yesterday prepare to return … [+] to support the further withdrawal of troops on February 19, 2015 in Artemivsk, Uk...
Russia’s Invasion Of Ukraine Has Sent Energy Prices Soaring—Here’s How High Oil Could Rise
Topline Oil prices have continued to skyrocket this week—with Brent crude briefly rising above $100 per barrel for the first time since 2014—as Russia launched its invasion of Ukraine, and although pr...