Post Tagged with: "rise"

Source: CNBC

Gasoline, diesel prices rise to another record amid rampant inflation


Retail diesel and gasoline prices climbed to another record high Thursday, as rampant inflation sends costs across the economy surging.

The national average for a regular gallon of gasoline hit $4.418 on Thursday, according to AAA. The price …

Source: Reuters

U.S. crude stockpiles rise, fuel inventories fall -EIA


Oil prices fell on Wednesday after US crude oil stockpiles rose more than expected, even as fuel inventories dropped and tanks at the nation’s largest storage hub emptied further.

The bigger-than-expected rise in US crude stocks gave some investors …

Source: Reuters

Oil prices rise on COVID-19 vaccine news


LONDON – Oil prices rose on Monday, extending last week’s gains as traders anticipated coronavirus vaccine trials would spur a recovery in demand.

Sentiment was also bolstered by expectations that the Organization of the Petroleum Exporting Countries (OPEC), Russia

Source: Reuters

Oil prices rise on hopes OPEC+ will agree supply cuts


LONDON- Oil prices rose on Thursday on expectations the world’s leading crude producers will at a meeting later in the day overcome obstacles that have so far prevented a deal to cut output in response to a collapse in …