Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

Oil prices rose on Wednesday on signs of weakening production in the U.S. and higher demand in Europe and China as buyers ...

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

OPEC+ has agreed to surge production by 411,000 barrels per day in June. Oil prices in April posted the biggest monthly loss ...

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent ...

Kansas crude prices also drop to four-year lows. Kansas Common crude at CHS in McPherson starts the week at $48.50 per barrel ...