Gas prices "will likely start to rise across much of the country later this evening in response to Israel's attacks on Iran, ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron ( CVX) and other foreign energy ...

Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production ... control over the market by driving oil prices lower. Oil Settles Lower Ahead of OPEC+ ...

Consumers in India’s aviation and hospitality sectors received much-needed relief on Sunday as jet fuel and commercial LPG prices were cut for the third consecutive month. The revision reportedly ...

The Illinois AgriNews and Indiana AgriNews staff is in the field each week, covering topics that affect local farm families and their businesses. We give readers information they can’t get ...

US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output quotas have oil prices trading at lows not seen since the Covid ...

Crude prices also came under pressure today after Reuters reported that OPEC+ is considering a July increase in crude production of more than an earlier projected +411,000 bpd. Losses in crude ...