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Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies — though the agreement has reportedly hit a snag and has yet to take effect.
U.S. Oil Prices Reach New Heights Since August
The United States is witnessing a significant uptick in oil prices, with crude oil trading at nearly $80 per barrel, a peak that was last observed in August. This 3% rise in oil costs, as reported on Wednesday,
Gasoline, oil prices up due to uncertainty over Russia and Trump
Gas prices have come up recently, and they could be headed up more in the future. “The market does not like uncertainty,” says AAA oil market analyst Don
10h
on MSN
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
2d
2025 U.S. Oil Outlook: Don’t Count On A ‘Drill Baby Drill’ Mentality
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
23h
on MSN
Oil prices score a 4th straight weekly gain on supply fears
Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...
1d
US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...
2d
Has China already reached peak oil?
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...
2d
on MSN
Oil giant BP axing thousands of jobs
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
2d
India's palm oil imports to hit 5-year low in Jan on negative margins, sources say
India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...
2d
on MSN
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
1d
on MSN
Big Oil celebrates the return of Trump. Clean energy braces for trouble
Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
Crude Oil Prices
4h
Big Oil Faces Wave of Climate Lawsuits from U.S. States and Territories
U.S. states and territories are taking legal action against the government and oil companies over climate change impacts, ...
18h
on MSN
Oil Prices Are Up, But Oil Stocks Are Not. Why Energy Markets Have Gotten So Unpredictable.
Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.
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