Saudi Arabia

Despite oil prices holding or even slipping, fuel prices continue to move higher across the United States, a trend that started in late December.  West Texas crude traded lower in Monday’s action, down by a little more than 1%, coming in at $77 per barrel.  But gasoline ...

Legislation recently introduced seeks an excise tax on the sale and export of water-intensive crops grown in the U.S. by foreign governments.  Arizona Democrat Representative Ruben Gallego introduced the Water Protection Act of 2022, as Arizona and other states face prolonged drought. ...

The price for oil continues to set records, with West Texas Crude trading over $121 per barrel in early Tuesday action, that’s nearly double the price we saw back in August. With energy prices driving inflation to levels the U.S. econ ...

Oil prices continue their march higher. West Texas Crude traded around $110 per barrel in early Tuesday action, up roughly 4%. This as the war in Ukraine continues, and cases of COVID-19 are increasing across the U.S. and across the globe ...

Monday was a holiday for investors in the United States, but that did not prevent fuel prices from moving. In international action, crude was trading Monday just below $40 per barrel, down roughly 10% from this time last week. The drop came, according to industry analysis, as Saudi Arabia announced deep price cuts for Asia, as post-coronavirus optimism started to turn ...

The increasing number of coronavirus cases here in the U.S. and internationally continues to weigh on the minds of investors, despite the fact that gasoline demand remains high, as many Americans continue to drive and work. Patrick DeHaan with GasBuddy said oil prices continue to hold steady, marking five straight weeks in the in the $40 per barrel range, and that’s a rate he does not see changin

Oil prices continue to slowly move higher, thanks to more and more states opening up and a better than expected May jobs report, but that could change in the coming weeks. Patrick DeHaan with GasBuddy said prices moved as high as $40 per barrel in last week’s trade, but have given some of those gains back. ...

Oil prices continue to march higher following the coronavirus crash earlier this year. GasBuddy’s Patrick DeHaan said West Texas Crude was trading around $40 per barrel in early Monday action, but shed some of those gains as the day continued. DeH ...

A week after oil prices dropped into negative territory for the first time, West Texas has rebounded, slightly. As of Monday, WTI was trading at $13 per barrel. Patrick DeHaan said as over the past couple of weeks, the main culprits when it comes to pushing oil prices lower remain; coronavirus, Saudi Arabia and Russia ...

Oil prices, much like the rest of the world economy has been struggling as of recent. Allison Mac with GasBuddy.com said the coronavirus continues to greatly slow the China and now world economy, leading to a glut of oil. On top of that, over the weekend, Saudi Arabia and Russia could not see eye to eye on production, so the two countries started a price war ...