Posted on · High prices at the pump this spring and early summer have caused people to limit their driving and their purchases at the pump.
Posted on · Reduced U.S. and European refining capacity, Russia’s war in Ukraine, and even Chinese export limits are all combining to send prices at the pump far higher than they were the last time crude oil traded in the $100-a-barrel range.
Posted on · The same trading deadline that helped push prices below zero in April is now approaching for this month. But experts don't expect things to get quite as bad.
Posted on · Experts say the steep drop in oil prices is neither worrying nor surprising.
Posted on · Over the weekend, Saudi Aramco cut the price of oil for September delivery by $1.10 a barrel. Meanwhile, in the Texas oil patch, new signs of life.
Posted on · The drop came as BP announced plans to cut another 4,000 exploration and production jobs by 2017.