Commodities

The U.S. government held its first onshore oil and gas sales from public lands since President Biden took office, bringing in $22 million on the rights for 110 square miles.

Oil prices fell further on Thursday following a 3% drop in the previous session on concerns higher interest rates will slow the economy and put a dent in fuel demand.

The average price for a gallon of gasoline moved lower again on Monday remaining below the $5 threshold

The average price for a gallon of gasoline moved lower again on Sunday remaining below the $5 threshold

The price of a gallon of regular gasoline hit an historic milestone over the weekend and continues to move higher.

Saudi Arabia is reportedly prepared to increase oil production if Russia's output falls substantially under the new sanctions imposed by the European Union.

Hitting the road this Memorial Day weekend is expected to be expensive for the more than 39 million people who are expected to be on the move.

The Democrats believe they can control inflation with a bill dubbed the 'Consumer Fuel Price Gouging Prevention Act' being rolled out in the coming week.

The national average gas price hit a record high Sunday, now at $4.47.

Warren Buffett's Berkshire Hathaway has developed a taste for oil, specifically shares of Occidental Petroleum.

A cryptocurrency trader was sentenced to 42 months in prison for defrauding more than 170 victims. Damian Williams, the United States Attorney for the Southern District of New York, announced the sentence.

Oil traded higher Wednesday morning, resuming an upward move following a 9% drop over the previous two sessions.

Oil prices were choppy Thursday morning after a European Union proposal for new sanctions against Russia included an embargo on crude in six months.

Food banks are straining to meet growing demand caused by rising food prices, which are pinching budgets for households and the organizations themselves.

Oil prices rose Wednesday morning following a drawdown in U.S. crude and fuel stockpiles and concerns about slowing demand from China.

Oil prices were trading higher Friday morning as the outlook for demand is still a concern due to China's COVID-19 lockdowns.

Oil prices moved higher Thursday morning as markets remain concerned about falling demand, especially in China due to COVID-19 restrictions.

Oil prices added to gains on Wednesday morning as prices settled in the Tuesday session 3% higher than Monday.

Ford's chief executive officer heralded the flood of customer reservations after his company's official launch of the new Ford F-150 Lightning pickup truck.

Oil prices declined Friday morning following a week filled with concerns about interest rate hikes, global growth and COVID lockdowns in China putting a dent in demand.