NEW YORK – Oil prices slid about 1per cent to a near two-week low on Wednesday as the U.S. dollar soared, the country’s gasoline demand declined and investors worried about a possible global recession.
Trading was volatile, with prices …
NEW YORK – Oil prices jumped over 2% to a 13-week high on Wednesday as U.S. demand for gasoline keeps rising despite record pump prices, while expectations that China’s oil demand will increase faced growing supply concerns in …
LONDON- Gasoline demand may never recover to pre-pandemic levels, the International Energy Agency (IEA) said on Wednesday, with increased use in developing countries offset by rising fuel efficiency and a switch to electric vehicles in wealthy nations.
In last …
This weekend’s Memorial Day holiday could be a test for the gasoline market, depending on whether drivers in reopening states hit the road and then keep on driving.
Gasoline demand is about 30% below where it was before states
Mexico will delay the announcement of winners for Round 2 of its oil and gas auction in order to allow more companies to …
