The recent decline in gasoline prices is primarily attributed to surging global oil supply, softer-than-expected demand, and swelling oil inventories, rather than the pro-energy policies of any single ...

Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the middle class and thus limit demand for oil-intensive goods and services.

LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

Tom Kloza writes a monthly column examining how global energy trends affect New Jersey consumers. In 1974, I was a student and fraternity brother at St. Francis College in Pennsylvania. One of our ...

MUMBAI/JAKARTA/KUALA LUMPUR, Aug 20 (Reuters) - Prices of coconut oil are surging in Asia, where top consumer India leads the charge with a tripling in two years, as supply shortages and booming ...

Global oil markets face a looming supply glut through 2026, driven by surging production from Guyana and OPEC+, putting downward pressure on the price of oil. Oil storage is at a 4-year high, and the ...

ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on lower ...