He said gas prices there could rise by more than 20 cents within days of the tariffs taking effect. The US is producing record amounts of crude oil with domestic production amounting to about 60% ...

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Thursday, American Refining Group and Ergon Oil Purchasing decreased their price by $0.11 to $68.73.

Global oil demand seen growing by 700,000 to 1.3 mln bpd in 2025 First upward revision in 2025 Brent price forecast since April For table of crude price forecasts, click Jan 31 (Reuters ...

Edible Oil Prices: The prices of most oilseeds dropped, following a decline in foreign markets. The mustard, groundnut, soybean oilseeds and oils, crude palm oil (CPO), and palmolein oil saw a ...

Trump's energy policies, such as boosting drilling, lifting permitting restrictions, and increasing energy exports, are expected to increase oil and gas supplies globally. This could potentially ...

Supply and demand imbalances can cause huge fluctuations in oil prices. We saw that in early 2022 after Russia's invasion of Ukraine, which sent crude prices soaring into the triple digits for the ...

Trump, who said that he will be declaring a “national energy emergency” to boost US oil and gas production and bring prices down, also announced that the US will increase its energy exports. The US ...

PORTLAND, Ore. (KTVZ) – The price of crude oil jumped to $80 a barrel last week, and that’s pushing pump prices higher in 45 states, including Oregon, AAA Oregon/Idaho reported Tuesday.

The group lamented that three straight weeks of price increases have been increasingly burdensome for its members. The latest hike alone was at over P1 per liter for gasoline, and more than P2 per ...

Diesel prices have seen a more significant jump, rising by 8.1 cents per gallon in the last week. The national average for diesel fuel currently sits at $3.606 per gallon. "With oil prices ...

Oil prices for benchmark crudes were down a few percentage points on Tuesday after US President Donald Trump’s announcement on Monday that he will remove obstacles to boosting domestic oil ...

WTI crude oil hovers at $76.69, facing resistance at $77.19 as traders eye geopolitical risks and production policies. Natural gas prices dip to $3.485, struggling below key technical levels ...