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Oil, Outlook
Oil prices head higher as traders gauge global demand outlook
Analysts said uncertainty around the outlook for crude demand, particularly from China, the world’s second-largest consumer, could give traders pause following the rebound. Chinese oil-refinery output fell 1.
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 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.
US ready to reopen oil stockpile if petrol prices surge again: Report
The Biden administration is ready to release more oil from the US strategic stockpile to stop any jump in petrol prices this summer, the Financial Times reported on Monday. The Biden administration is ready to release more oil from the US strategic stockpile to stop any jump in petrol prices this summer, the Financial Times reported on Monday.
Barron's
12h
Oil Broadly Stable After 2% Jump on Positive Demand Outlook
Oil
prices
are broadly stable after gaining $2 a barrel in the previous trading session on upbeat demand expectations. Brent crude and WTI are down 0.1% to $84.14 and $79.60 a barrel, respectively ...
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 ...
3d
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 ...
5d
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 ...
Seeking Alpha on MSN
9h
Oil price bounce drives global commodity open interest value rebound – JPM
The estimated value of open interest across global commodity markets increased by 1% over the week to $15 billion, with gains ...
Yahoo Finance
1d
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 ...
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