A driver pumps gas at a Sunoco gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images Oil prices are on pace to close out the year about 10% lower as bearish sentiment has taken over due to worries that the market is oversupplied from record production … Read more
Gas prices at a Shell gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images U.S. crude declined 4% on Wednesday, closing at the lowest level since late June with retail gasoline prices hitting the lowest point since January just ahead of the holiday shopping and travel … Read more
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, on April 21, 2020. Dronebase | Reuters U.S. crude oil on Tuesday dropped nearly 4% as inflation data stoked anxiety among traders that the Federal Reserve may not be ready to ease up on interest rates. The … Read more
Dustin Josey makes his way across the gangplank as he leaves Shell’s Vito platform as workers continue construction on the project at the Kiewit Offshore Services complex Wednesday, April 6, 2022 in Ingleside. (Photo by Brett Coomer/Houston Chronicle via Getty Images) Brett Coomer | Houston Chronicle | Hearst Newspapers | Getty Images U.S. crude oil … Read more
