Tag Archives: oil

A jump in gas prices puts 3 gallons

U.S. The prospect of summer drivers filling up on the highway is gaining ground in the price of gasoline, a sign of economic recovery and an epidemic devastation is a boon for the energy industry. Considering oil recovery and growing consumer demand, gasoline prices at U.S. pumps hit an average …

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Oil jumps on significant crude inventory draw

Crude oil prices rose further today after the RJD registered a 1.1 million barrel oil draw for the week of December 25. A day earlier, the American Petroleum Agency also helped push up crude oil inventories by estimating a drop of 4.78585 million barrels in the same week. Last week, …

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Oil spikes after OPEC claims: “Worst for oil market”

By ZeroHedge – Oct Oct 08, 2020, 5:00 pm CDT Crude prices rose on Thursday, while OPEC said on Thursday that oil was “the worst” for the market. The next month’s crude contract rose 3.08% to 15.09 ET.241.22 following optimistic comments. Secretary-General Mohamed Barkindo said OPEC would continue to manage …

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