OPEC+ raises output levels again despite tumbling crude prices
Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symb...
Last updated: 2026-07-06 12:32:19 ET
Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symb...
National average for regular gasoline has fallen from a June peak above $4.56 a gallon as crude oil prices eased following the end of Iran conflict.
Oil prices have finally fallen back to pre-Iran war levels — but the crude market is far from seeing a normalization of shipping, oil supplies and d...
Ocean shipping rates continue their upward climb as peak-season demand, and not crude oil, are driving higher prices. The post Hormuz in the rearview ...
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
The benchmark price used for most fuel surcharges fell for the eighth straight week. The post Retail diesel falling while futures soaring relative to ...
Workarounds for the Strait of Hormuz chokepoint and a drop in crude imports to China helped ease the impact of lost Persian Gulf oil.
President Donald Trump on Monday intensified his pressure campaign against gasoline retailers, demanding they immediately cut prices at the pump after...
Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.
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