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Oil Price
Cuba Reschedules Five-Fold Retail Fuel Price Hike for March 1
People stand in line with their cars to fill up on fuel after Cuba's government put off a five-fold increase in gasoline prices planned for February 1 due t…
OPEC
Prices at the Pump Are Ticking Higher After OPEC Decision
Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the …
Oil Price
Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices
President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline…
Joe Biden
Biden Will Give Remarks on Thursday on Efforts to Lower Gas Prices
President Joe Biden will give remarks on Thursday on his administration's actions to reduce gasoline prices in the United States.
Natural Gas
U.S. Gasoline Prices Edge Lower After Hitting Record High Last Week
U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia's invasion of Ukraine.
Oil Price
U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Oil Price
US Pump Prices Become Pressure Point for Biden
Rising gasoline prices heading into the summer are emerging as a political liability for President Joe Biden, as critics try to direct voter frustration about p…
Oil Price
Gasoline Prices hit $3 As Shortages Grow on U.S. Pipeline Outage
U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colon…