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Oil prices, China
Oil edges up as summer demand hopes offset downbeat China data
Oil edged higher on Monday as hopes for a boost to demand from the summer driving season in the northern hemisphere offset Chinese data that underscored a bumpy recovery for the world's biggest crude importer.
Gas prices jump in the Midwest, demand remains weak
For the first time in a few weeks, the nation’s average price of gasoline has increased, rising 1.0 cents from a week ago to $3.41 per gallon Monday, according to GasBuddy® data.
Oil Prices Jump 2% on Improving Demand Outlook
The U.S. crude oil benchmark was trading up over 2% on Monday, with Brent gaining over 1.7% as the market digested data suggesting an improving
Joe Biden, oil
US ready to reopen oil stockpile if petrol prices surge again, FT reports
The Biden administration is ready to release more oil from the U.S. strategic stockpile to stop any jump in petrol prices this summer, the Financial Times reported on Monday.
Biden set to reopen U.S. oil reserves if gasoline prices surge again - FT
Crude oil futures jumped to their best levels since late April, adding to last week's gains that followed reports from OPEC+, the International Energy Agency and U.S. Energy Information Administration which boosted confidence that oil demand will improve in this year's H2.
Biden Administrations Plan to Tackle High Oil Prices This Summer
To prevent a surge in petrol prices this summer, the Biden administration plans to release more oil from the U.S. strategic stockpile. Senior advisor Amos Hochstein highlights that current oil prices remain too high for many Americans and aims to reduce them further.
7d
on MSN
Oil futures jump by most since February; U.S. gas pump prices keep dropping
The U.S. average price of gasoline at the pump fell to $3.40/gal on Monday, the lowest June level since 2021, GasBuddy's ...
2d
on MSN
Gas prices: What to expect this summer
Experts talk to FOX Business about what prices will be like at the gas pump this summer as travel picks back up. The insight ...
Yahoo Finance
21h
Oil prices moving in response to China's weak demand, output
Crude
oil
prices
(CL=F, BZ=F) tick higher Monday morning after China reported weakening demand and
oil
refinery outputs ...
4d
on MSN
Oil dips in see-saw session; eyes on US economic data and Fed
Oil prices dipped slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel supplies and ...
4d
on MSN
Oil prices fall, dogged by rise in crude, gasoline stocks
Oil futures fell Thursday, feeling pressure a day after government data showed U.S. crude and gasoline stocks unexpectedly ...
6d
on MSN
Oil may rise to $86 per barrel due to 'solid summer demand': Goldman Sachs
Oil prices may rise to $86 a barrel in the next few months due to "solid summer demand" and consumer spending remaining ...
Midland Reporter-Telegram
2d
Crude prices post biggest weekly gain since April
Crude prices posted their biggest weekly gain since April despite being undercut by Friday's pessimistic consumer outlook survey ...
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