A flurry of bets on Brent crude falling below $60 a barrel this year changed hands recently, a sign investors are hedging against the risk of another large production hike from OPEC and its allies.
September 5, 2025BusinessFuelLogistics
Diesel Prices May Climb Higher Into Harvest Season
Money managers turned the most bullish on diesel in four weeks after Fed Chair Jerome Powell signaled openness to a rate cut last month.
September 2, 2025GovernmentBusinessFuel
US Sees Oil Output Falling in 2026 in Blow to Trump’s Agenda
The U.S. sees domestic crude production declining next year for the first time since 2021 in a blow to President Donald Trump’s push for American energy dominance.
June 10, 2025GovernmentBusinessFuel
US Sees Small Global Oil Deficit in 2025
The U.S. reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit.
December 10, 2024GovernmentBusinessFuel
California Gas Prices Dip Below $5 for First Time Since July
California pump prices fell below $5 a gallon for the first time since July, following national levels lower but still the highest in the country.
November 20, 2023