U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of ...

Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red ...

Gas Prices Increase Today Today’s average price of gas in the U.S. is $3.15 per gallon, up $0.01 from yesterday, down $0.03 ...

OPEC leader Saudi Arabia is aiming to regain market share amid US shale competition and slow Chinese demand. Oil prices could ...

New Jersey gas prices are cooling ahead of the July 4th weekend — when nationwide a record 72.2 million Americans are ...

On the New York Mercantile Exchange, benchmark U.S. crude oil for August delivery fell $8.93 to $99.50 a barrel Tuesday, its first dip below $100 since May 11. Brent crude for September delivery ...

US crude prices jumped as much as 4% to $94.04 a barrel on Wednesday — the highest intraday price since August 30, 2022 — before settling at $93.68 a barrel, up 3.6% on the day.

For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors’ growing concerns about a US recession that could crimp demand for oil.

Gas Up While Oil Down The price of oil, on the other hand, is dropping. For the first time since March 16, the price of a barrel of oil settled today below $100.

Gasoline prices are displayed at a Chevron gas station in downtown Los Angeles on Feb. 18. Crude oil prices are surging toward $100 a barrel, raising the prospect of even higher gasoline prices.

Crude oil prices in 2018 averaged around $61.40 a barrel, and the price of a gallon of gasoline was $2.74, well below the inflation-adjusted all-time high annual average of $3.94 in 2012.