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John Paul, AAA Northeast's Car Doctor, answers a question from a reader with concerns about a high oil pressure reading on ...
Oil Skids and Stocks Rise as Traders Gauge Fallout From Iran Strikes The price of West Texas Intermediate, the benchmark for U.S. crude oil, dropped more than 7 percent, to around $68 a barrel.
U.S. and global benchmark oil prices have seen their share of big moves since Israel launched attacks on Iran late last week. But there’s one indicator that helps put into perspective just how ...
EU Commission Chief Ursula von der Leyen on Tuesday said surging energy prices have reduced the urgency to slash the price cap on Russia's global oil exports.
Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry.
Congress responded with wave after wave of sanctions, culminating in measures that devastated Iran’s oil revenues. European countries also stepped up and imposed an oil embargo. The combined pressure ...
Oil prices were under pressure on Tuesday morning amid OPEC+ production hike rumors, Iran nuclear deal speculation, and geopolitical tensions involving Russia and the U.S.
Oil prices are once again under pressure after Trump threatened a 50% tariff on the EU, boosting concerns of an economic contraction.
Crude oil prices extended their losses following reports that OPEC+ is considering a further production increase in July, ahead of US-Iran nuclear talks later today. Oil markets remain caught ...
The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on President Vladimir Putin to end Russia’s war in ...
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.