OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a mov…
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For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors' growing concerns about a US r…
The run-up in oil prices since Russia invaded Ukraine has been dramatic. But analysts and traders think the recent rally could be just the beg…
The US and its allies have agreed to a release of 60 million barrels from their reserves, the White House and International Energy Agency anno…
Gas prices were rising rapidly even before Russia's invasion of Ukraine, but with the current shock to the oil market, $4 a gallon gas is now …
Oil prices surged above $100 per barrel after Russia launched an invasion of Ukraine, piling pressure on a global economy already reeling from…