Oil prices bounce after crude sees biggest drop since early January

Oil futures rose early Thursday, attempting to bounce back a day after data showing a jump in U.S. crude inventories sparked ... The EIA report also showed a weekly supply increase of 300,000 barrels ... Read More

Lower Natural Gas Prices Squeeze Big Oil's Profits in Q1 2024

U.S. supermajors ExxonMobil and Chevron, as well as France's TotalEnergies, all cited lower natural gas prices as a key downward pressure on earnings ... Read More

Drop in fuel demand and oil prices sends gas prices lower: AAA

The national average cost for a gallon of gas declined to $3.65, a slight two-cent decrease from the previous week. Gas demand fell from 8.66 to 8.42 million barrels per day last week and oil prices ... Read More

What's behind the surge in gas prices?

Gasoline prices are up an average of 18 cents compared to a month ago, according to data from GasBuddy.com, which tracks prices at the pump. Read More

Crude oil prices today: WTI prices are up 10.38% YTD

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ... Read More

Gas prices are on the rise again. Here's what to expect next.

The cost of filling up is rising ahead of the summer driving season, as peak demand and geopolitical issues converge. Read More

Cleveland’s gas prices jump 20 cents in a week’s time

Fuel price-tracking websites like the American Automobile and GasBuddy show prices have jumped considerably in the past week ... Read More

Geopolitical strife is roiling Wall Street. Here’s what investors are watching

Worries about an escalation of tensions in the Middle East rattled investors on Monday, with the Dow swinging 600 points over the course of the day to close about 250 points lower. That’s after the ... Read More

May Fed meeting preview: Are rate cuts canceled or just delayed? Watch for these 3 key themes as inflation stays hot

To be in a situation where the economy has remained resilient enough that the Fed has to keep rates at their current levels in order to get inflation down, that’s a much more positive outcome than had ... Read More

Annual inflation rate up in March as gasoline prices rose, but core measures lower

The agency will publish its consumer price index for March. Statistics Canada reported last month that the annual pace of inflation cooled to 2.8 per cent in February compared with 2.9 per cent in ... Read More

GB News to axe 40 jobs weeks after revealing heavy losses

GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses. Staff were informed of the cuts at a company-wide meeting on Friday afternoon following previous warnings that a ... Read More

Alphabet, Microsoft earnings; PCE data ahead - what's moving markets

The Los Angeles-based social media group unveiled three-month revenue of $1.2 billion for the opening three months of the year, up by 21% versus the corresponding period in 2023, due largely to ... Read More