oil prices – Page 2 – One America News Network

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS

Oil drops on demand worries after US gasoline inventories swell

Oil prices fell by 2.5% as a bigger-than-expected rise in U.S. gasoline inventories worried markets about demand.

Tech giants lead surge in global mega-caps as inflation eases

Market capitalizations of global mega-cap companies surged, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts amid diminishing worries about inflation.

FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. REUTERS/Agustin Marcarian/File Photo

Oil tumbles 4% as OPEC+ meeting delayed

Oil prices tanked as OPEC+ producers unexpectedly delayed a meeting on output, raising questions about the future course of crude production cuts.

MILL VALLEY, CA - MARCH 03: A customer pumps gasoline into his car at an Arco gas station on March 3, 2015 in Mill Valley, California. U.S. gas prices have surged an average of 39 cents in the past 35 days as a result of the price of crude oil prices increases, scheduled seasonal refinery maintenance beginning and a labor dispute at a Tesoro refinery. It is predicted that the price of gas will continue to rise through March. (Photo by Justin Sullivan/Getty Images)

Oil Prices React To The War In Israel

Experts now indicate the war in Israel will cause a spike in oil prices posing potential risks for consumers.