Wall Street drifts near its lowest level since June as oil prices ease
Wall Street is hanging near its lowest level since June as stocks drift in midday trading on Thursday. The Standard & Poor’s ...
4 reasons oil prices are surging toward $100 a barrel
At the top of the list is the June announcement by Saudi Arabia that it would unilaterally cut oil production by 1 million ...
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At One-Year High, Oil Soon To Rise Above $100
(MENAFN- Khaleej Times) Oil prices soared to their highest level in over a year on Thursday after crude stocks at a key ...
Oil touching $95 a barrel is bad news for the economy and the Fed's plans
Oil prices are at their highest level in more than a year, a fact that doesn’t bode well for the inflation situation and ...
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America’s emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America’s emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting ...
Inflation concerns keep oil investors at bay
Oil prices edged lower on Thursday on growing expectations that key Western economies will maintain high interest rates to ...
California gas prices nearing $7 a gallon at some pumps
Fuel prices at some Southern California gas stations rose this week, with the cost of regular nearing $7 a gallon as the pain ...
U.S. strategic oil reserve at lowest level in decades, even as tensions with China mount
The Biden administration sharply reduced stocks of oil in the national Strategic Petroleum Reserve to the lowest levels in ...