Today, there is concern that Iran could attack Israel, which would escalate the already tense situation in the Middle East. Iran is the world’s seventh-largest oil-producing nation. Any interruption in its exports could drive…
Since topping out at $120 in the summer of 2022, the major oil benchmarks had traded down every month until bottoming at the beginning of December that year. The decline from the top in…
The price of crude oil has risen from $71 at the start of 2024 to above $82. For several reasons, it is likely to move higher. Experts, including those at J.P. Morgan, expect oil…
Gasoline prices have started another significant increase. At $3.53 per gallon nationwide, they are above the prices last week, a month ago, and a year ago. The same holds for Premium, which has reached…
The average price of a gallon of regular gas has dropped to just above $3. It has dropped below that level in more than half of US states. A year ago, the figure was…
If tensions in the Middle East rise, and the Suez Canal loses most of its traffic because of risk to shipping due to attacks by Houthi rebels, oil prices will rise. The question is,…
Chevron and Exxon Mobil have both announced a few billion dollars in impairment charges for 2023. How big a deal is this, really?
A recent forecast suggests that gasoline prices in America will be lower in the coming year, although the drop will not be uniform.
After over two years of high gasoline prices, they have fallen 12 weeks in a row and are now at their lowest price this year.
Most experts believe that oil use will continue to rise to the end of the decade, so Exxon’s prospects are bright for the next several years.
As gasoline prices continue to decline nationwide, the average price per gallon in one Louisiana town is a mere two dollars.
The COP28 meeting beginning this week will report progress toward avoiding catastrophic climate change. Here's a look at one important topic.
Gas prices have been plunging. This Thanksgiving may offer drivers the lowest prices since 2020. However, while many states enjoy a price for a gallon of regular well below $3, in California, the price…
Sure, the current interest rate environment has taken its toll on high dividend paying stocks. Investors can find alternative investments that offer more yield, and even more important, high yield dividend payers have to…
If the current conflict between Israel and Hamas spreads throughout the region, particularly Iran, global oil shipments could be curtailed.
