Oil

Prices could get there again soon, according to Oil Price Information Service.

Oil prices fell for a second day on Wednesday as weak Chinese factory data triggered concerns of an economic slowdown that could lower oil demand.

Oil prices on Tuesday erased earlier gains on as investor concerns about rising U.S. oil output.

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday.

The study released on Monday reflects one of the downsides to a years-long drilling boom that has made the United States a top world oil and gas producer.

Oil prices extended gains to hit their highest level in nearly three weeks on Monday, supported by comments from Saudi Arabia that it would continue to curb exports.

Oil slipped to $66 a barrel on Friday, under pressure from concerns that rising U.S. oil output and exports will offset OPEC-led attempts to erode stockpiles with output curbs.

The Energy Information Administration reported that the amount in storage fell by 1.6 million barrels in the week ended Feb. 16.

The company is close to receiving approval to expand its Beaumont, Texas plant, according to a report.

Oil prices fell on Thursday, dragged lower by a firmer dollar that offset support from a surprise decline in U.S. crude inventories.

Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories.

Oil prices fell on Wednesday, weighed down by a rebound in the U.S. dollar from three-year lows hit last week and by an expected rise in U.S. crude production.

President Trump reportedly supports a 25-cent-per-gallon gas tax hike, but is struggling to find solidarity among tax-averse Republicans.

inventories at Cushing, Oklahoma, the delivery point for U.S. crude futures, fell 2.1 million barrels in the week to Feb. 16,

Drivers are getting a break at the pump, though gas prices tend to climb as spring approaches.

DEK: BP expects global oil demand will peak in 2040, but electric vehicles alone won’t drastically change the global energy landscape.

In its benchmark annual Energy Outlook, BP forecast a 100-fold growth in electric vehicles by 2040, with its chief economist Spencer Dale painting a world in which we travel much more but instead of using private cars, we increasingly share trips in autonomous vehicles.

Oil markets were split on Tuesday, with U.S. crude was pushed up by reduced flows from Canada while international Brent prices eased.

President Trump reportedly approves of a 25 cent-per-gallon gasoline tax hike he hopes will fund his newly released infrastructure plan, and although tax-averse Republicans in Congress remain skittish, he’s found a new set of allies: truckers.