News

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US President Donald Trump's tariff deadline.
Average gasoline prices in Eugene have decreased by 9.5 cents per gallon over the past week, now averaging $3.88 per gallon.
US stocks open lower on tariff uncertainty. Trump said higher tariffs start Aug 1 for nations without deals. Tesla sinks on feud with Trump.
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Eight members of the OPEC+ alliance of oil-exporting countries say they will boost production by 548,000 barrels per day in ...
However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...
Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...