U.S. crude drops below $70 per barrel, gas prices fall to 11-month low

Gas prices at a Shell gas station in Washington, DC, US, on Tuesday, Nov. 28, 2023. Al Drago | Bloomberg | Getty Images U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point since January ahead of the holiday shopping and travel season. The West Texas Intermediate contract for January … Read more

U.S. crude oil prices fall below $78 a barrel to their lowest since July

An oil pumpjack pulls oil from the Permian Basin oil field in Odessa, Texas, on March 14, 2022. Joe Raedle | Getty Images News | Getty Images U.S. crude prices on Tuesday fellow below $78 a barrel to hit the lowest point since July as weak global economic data overshadowed concerns that the Israel-Hamas war … Read more

Indian minister warns there’ll be ‘organized chaos’ if oil tops $100 per barrel

Oil prices surged to their highest level in more than a year on Thursday. The U.S. West Texas Intermediate futures reached $95.03 per barrel, marking the highest cost since August 2022. Manan Vatsyayana | Afp | Getty Images India’s minister of petroleum and natural gas warned that there’ll be “organized chaos” if oil prices break … Read more

Oil near $100 per barrel raises questions over demand destruction

boonchai wedmakawand | Moment | Getty Images Supply cuts from heavyweight crude producers have helped drive oil prices near $100 per barrel — fueling some to consider the potential for future demand destruction. Brent crude futures rose 63 cents per barrel from the Thursday settlement to $96.01 per barrel on Friday at 11 a.m. London … Read more

U.S. crude oil costs high $90 a barrel for the primary time since November 2022

The crude oil tanker Searuby arrives at Teesport on September 02, 2023 in Redcar, United Kingdom. Ian Forsyth | Getty Pictures Information | Getty Pictures Oil costs jumped on Thursday, with U.S. crude topping $90 a barrel, as expectations of a tighter provide grew. West Texas Intermediate crude (WTI) gained 1.7% to succeed in a excessive … Read more

Saudi Arabia, Russia plan to increase 1.3 million barrel a day oil minimize by the top of the yr

DUBAI, United Arab Emirates — DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to increase their voluntary oil manufacturing cuts by the top of this yr, trimming 1.3 million barrels of crude out of the worldwide market and boosting vitality costs. The twin bulletins from Riyadh and Moscow pushed benchmark Brent … Read more

She accused him of dishonest, Florida cops say. A barrel of tar was proper outdoors

An argument at a house on Florida’s Gulf Coast escalated into horrific violence, in accordance with the Levy County Sheriff’s Workplace. An arrest affidavit says that on July 20, deputies responded to a “home disturbance” matter in Rosewood, about an hour west of Ocala, round 6 p.m. Deputies say a witness informed them {that a} … Read more

Assessment: Trendy Barrel Co. Moba Sensible Barrel

In case you missed it, there’s a cottage business on the market of devices and doohickeys that allow you to age your personal whiskey, rum, or whatnot, all with out the effort of getting to construct a warehouse and fill it stuffed with hooch. These units tackle many types: tiny barrels that look cool in … Read more