Oil

Oil prices fell more than 1.5 percent on Thursday, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.

Oil prices fell more than 1.5 percent on Thursday, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.

TALLAHASSEE, Fla. (AP) — Authorities across the United States are increasingly trying to combat a black market for fuel stolen with credit card numbers taken from unsuspecting gas station customers.

TALLAHASSEE, Fla. (AP) — Authorities across the United States are increasingly trying to combat a black market for fuel stolen with credit card numbers taken from unsuspecting gas station customers.

OPEC forecast higher demand for its crude oil in 2018 due to rising global consumption and slower supply growth from rivals.

OPEC forecast higher demand for its crude oil in 2018 due to rising global consumption and slower supply growth from rivals.

Oil prices were about 1 percent higher on Wednesday after a report showed U.S. refineries processed record amounts of crude in the latest week, eating into inventories, although a surprise jump in gasoline stockpiles limited price gains.

Oil prices were about 1 percent higher on Wednesday after a report showed U.S. refineries processed record amounts of crude in the latest week, eating into inventories, although a surprise jump in gasoline stockpiles limited price gains.

Oil prices fell on Tuesday, pulling back from recent gains as exports from key OPEC producers rose and despite news of lower crude shipments from Saudi Arabia.

Gasoline prices have reached a two-month high as the summer driving season kicks into high gear.

Gasoline prices have reached a two-month high as the summer driving season kicks into high gear.

Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's largest oil field along with worries about higher output from OPEC and the United States.

Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's largest oil field along with worries about higher output from OPEC and the United States.

Nebraska regulators must approve the pipeline's route, the last big hurdle after President Donald Trump approved Keystone XL.

Oil prices rose on Friday after a strong U.S. jobs report bolstered hopes for growing energy demand, but crude prices declined for the week, pressured by rising OPEC exports and strong U.S. output.

Oil prices fell on Thursday, as cautious buying dried up after U.S. crude rose to near $50 a barrel, with concern about high crude supplies from producer club OPEC offsetting the previous day's data showing record U.S. gasoline demand.

Oil prices fell on Thursday, as cautious buying dried up after U.S. crude rose to near $50 a barrel, with concern about high crude supplies from producer club OPEC offsetting the previous day's data showing record U.S. gasoline demand.

Oil prices edged higher on Wednesday, as surging U.S. fuel demand and strong refinery runs offset data from the Energy Department that showed crude inventories did not fall as much as expected last week.

Oil prices edged higher on Wednesday, as surging U.S. fuel demand and strong refinery runs offset data from the Energy Department that showed crude inventories did not fall as much as expected last week.