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A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior ...
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...
Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term. View on ...
Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually ...
Here are five things to know about why oil prices are falling and what it means for Long Islanders. Sign up for the Daily Business newsletter Stay in the know on jobs, retail and all things ...
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...
"I think Russia, with the price of oil right now, oil has gone down, we are in a good position to settle, they want to settle ...
A boon to consumers and a blow to producers Lower oil prices mean lower prices at the pump. Gasoline prices usually go up in the spring, but went down in April, and could fall further. That means ...