The benchmark U.S. February WTI crude oil futures index closed lower for a fifth consecutive session on Thursday, completing a lower close for the week. The market was higher earlier in the day following the closure of a major crude oil pipeline between Canada and the United States. However, those gains were erased as traders …
Sentiment In Oil Markets Is Decidedly Bearish | OilPrice.com Read More »
Crude prices fell significantly at the start of the week despite robust US economic data coupled with strong employment numbers and a positive industrial PMI. Chart of the week Late and lax, oil price cap fails to impress markets – Oil prices are in freefall this week, with WTI returning to levels just above $75 …
Oil falls as markets fear further action from the US Fed | OilPrice.com Read More »
Sheetz offers 88 unleaded gasoline for $1.99 Updated: 12:15 PM EST November 21, 2022 Hide transcript View Transcript HAS NOT SEEN FOR WEEKS. GAS PRICE TODAY AVERAGE ABOUT $4.95 PER GALLON IN PENNSYLVANIA, SLIGHTLY ABOVE THE NATIONAL AVERAGE. FOR NEXT WEEK, SHEETZ GASOLINE STATIONS ARE TRYING TO RELIEVE THE PAIN THAT COMES WITH EVERY GASOLINE …
Summit Trucking president Bart Plaskoff said he was paying $70,000 more a week for diesel fuel as the shortage grew at Varney & Co. Dwindling diesel inventories have driven prices to a record premium over gasoline and crude oil, showing how war, weather and other disruptions in global energy markets continue to produce price shocks …
Diesel hits record premium over gasoline and oil Read More »
Renault sees the internal combustion engine continue to play a crucial role in its business over the next few years, according to a senior executive at the French car giant. On Tuesday it was announced that the Renault group and the Chinese firm Geely had signed a non-binding framework agreement to establish a company focused …
Auto giant Renault is betting the gasoline car market will continue to grow Read More »
