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Amid Inflation, Rising Fuel Prices, Voters Head To Las Vegas Polls
Inflation, the cost of gasoline and food, rising rents: for Las Vegas voters heading to the polls on Tuesday to choose between Donald Trump and Kamala Harris, the cost of living was paramount.
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Oil Prices Recover From 6-Month Lows, But Still Below $92.5 Per Barrel
Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession.
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Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.
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Oil Falls On Lackluster U.S. Summer Gasoline Demand
Oil prices have been extremely volatile, caught in a tug-of-war between supply fears caused by Western sanctions on Russia and worries that the fight against inflation could weaken the global economy and cut demand.
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Oil Prices Fell For Second Straight Session On Demand Concerns
Oil prices fell on Thursday for a second straight session, as demand concerns outweighed tight global supply after US government data showed tepid gasoline demand during the peak summer driving season.
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"Ouch. Inflation Is...": Jeff Bezos Slams Biden Appeal To Lower Fuel Rates
Amazon founder Jeff Bezos has criticised President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting the White House to come to the US leader's defense on Sunday.
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With Record Pump Prices, Joe Biden Hard-Pressed To Ramp Russia Sanctions
As the Biden administration contemplates expanding punitive measures on Russia for its invasion of Ukraine, a big hurdle lies closer to home: the American consumer.
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Pipeline Outage Causes US Gasoline Supply Crunch, Panic Buying
Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest US fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.
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Crude Oil On Track For 2% Weekly Drop Amid Rising COVID-19 Infections
US fuel demand remains in the doldrums as the pandemic constrains travel. The four-week average of gasoline demand last week was 9 per cent below a year earlier, government data showed on Wednesday.
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Audi RSQ8 India Launch Details Out
After launching the new RS7 in India recently, Audi is all set to introduce the RS Q8 in India very soon. In fact, the company teased us with the car and we'll see it in its portfolio very soon. It's for the first time in the company's 25-year history that an SUV coupe gets a hit of adrenaline to make it a high-performance sports car. It's high per...
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Donald Trump Tweets, Saudis Scramble: Here's How The US Steers OPEC
The U.S. isn't a member of OPEC, a cartel that's anathema to the free-market capitalism of the world's biggest economy. Yet presidents have long pressured its top producer Saudi Arabia to adjust oil production policies, usually to lower gasoline prices.
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Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline
Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.
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Retail US Gasoline Prices Surge After Harvey, Global Impact Felt
Harvey raked across the Texas Gulf coast, roiling global fuel markets as it knocked out about 4.4 million barrels of daily refining capacity, slightly more than Japan uses.
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Oil Prices Drop As Rising US Fuel Stocks Revive Glut Concerns
Gasoline stocks rose by 1.4 million barrels, despite the ongoing peak demand U.S. summer driving season.
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Oil Dives 5% On Surprise Build In US Crude, Gasoline Stocks
U.S. crude futures settled down 5 percent, or $2.47 a barrel, at $45.72 a barrel, the lowest settlement for U.S. crude since May 4.
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Amid Inflation, Rising Fuel Prices, Voters Head To Las Vegas Polls
Inflation, the cost of gasoline and food, rising rents: for Las Vegas voters heading to the polls on Tuesday to choose between Donald Trump and Kamala Harris, the cost of living was paramount.
-
Oil Prices Recover From 6-Month Lows, But Still Below $92.5 Per Barrel
Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession.
-
Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies.
-
Oil Falls On Lackluster U.S. Summer Gasoline Demand
Oil prices have been extremely volatile, caught in a tug-of-war between supply fears caused by Western sanctions on Russia and worries that the fight against inflation could weaken the global economy and cut demand.
-
Oil Prices Fell For Second Straight Session On Demand Concerns
Oil prices fell on Thursday for a second straight session, as demand concerns outweighed tight global supply after US government data showed tepid gasoline demand during the peak summer driving season.
-
"Ouch. Inflation Is...": Jeff Bezos Slams Biden Appeal To Lower Fuel Rates
Amazon founder Jeff Bezos has criticised President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting the White House to come to the US leader's defense on Sunday.
-
With Record Pump Prices, Joe Biden Hard-Pressed To Ramp Russia Sanctions
As the Biden administration contemplates expanding punitive measures on Russia for its invasion of Ukraine, a big hurdle lies closer to home: the American consumer.
-
Pipeline Outage Causes US Gasoline Supply Crunch, Panic Buying
Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of the biggest US fuel pipeline by hackers extended into a fifth day and sparked panic buying by motorists.
-
Crude Oil On Track For 2% Weekly Drop Amid Rising COVID-19 Infections
US fuel demand remains in the doldrums as the pandemic constrains travel. The four-week average of gasoline demand last week was 9 per cent below a year earlier, government data showed on Wednesday.
-
Audi RSQ8 India Launch Details Out
After launching the new RS7 in India recently, Audi is all set to introduce the RS Q8 in India very soon. In fact, the company teased us with the car and we'll see it in its portfolio very soon. It's for the first time in the company's 25-year history that an SUV coupe gets a hit of adrenaline to make it a high-performance sports car. It's high per...
-
Donald Trump Tweets, Saudis Scramble: Here's How The US Steers OPEC
The U.S. isn't a member of OPEC, a cartel that's anathema to the free-market capitalism of the world's biggest economy. Yet presidents have long pressured its top producer Saudi Arabia to adjust oil production policies, usually to lower gasoline prices.
-
Crude Oil Prices Steady As Investors Avoid Risk Assets On Equities Decline
Both global benchmark oil futures fell sharply on Wednesday after crude and gasoline inventories in the United States rose unexpectedly.
-
Retail US Gasoline Prices Surge After Harvey, Global Impact Felt
Harvey raked across the Texas Gulf coast, roiling global fuel markets as it knocked out about 4.4 million barrels of daily refining capacity, slightly more than Japan uses.
-
Oil Prices Drop As Rising US Fuel Stocks Revive Glut Concerns
Gasoline stocks rose by 1.4 million barrels, despite the ongoing peak demand U.S. summer driving season.
-
Oil Dives 5% On Surprise Build In US Crude, Gasoline Stocks
U.S. crude futures settled down 5 percent, or $2.47 a barrel, at $45.72 a barrel, the lowest settlement for U.S. crude since May 4.
