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Traders are storing gasoline on tankers off Europe's coast as they struggle to contain a steady rise in supplies since the start of the year that has weighed on prices.
Investing.com – WTI crude oil prices settled higher as data showing a massive draw in gasoline supplies offset a build in crude stockpiles for the third-straight week.
Oil prices settled higher Wednesday, getting a boost as gasoline prices rose on the back of a weekly drop in U.S. supplies of the fuel. The Energy Information Administration reported a bigger-than-expected ...
US crude stocks rose last week, but refined product inventories fell more than expected, with gasoline demand rising to a seven-month high, EIA says.
The payouts mean that New Jersey has now secured settlements of more than $350 million from various defendant companies named in multidistrict litigation over MTBE—methyl tertiary butyl ether—contamination that is playing out in the U.S. District Court for the Southern District of New York.
HOUSTON (Reuters) - Royal Dutch Shell Plc (RDSa.L) took the gasoline-producing unit out of production overnight at its 227,586 barrel-per-day (bpd) Convent, Louisiana, refinery sources familiar with plant ...
According to a recent report by Bloomberg, U.S. gasoline consumption fell slightly in 2017 after illegal immigrants started driving less following the inauguration of President Trump
The American Petroleum Institute reported Tuesday that U.S. crude supplies rose by 933,000 barrels for the week ended Feb. 23, according to sources. The API data also showed a climb of 1.9 million barrels ...
SECOND-MONTH U.S. GASOLINE FUTURES EXTEND LOSSES IN POST-SETTLEMENT TRADE AFTER API DATA SHOWS SURPRISE INVENTORY BUILD
Saudi Arabia's annual consumer price inflation jumped to 3.0 percent in January after the government introduced a 5 percent value-added tax and hiked domestic gasoline prices at the start of the year, official data showed on Sunday. The figures suggested the new tax and more expensive fuel, part of a government drive to cut a big budget deficit caused by low oil prices, had a large impact on Saudi consumer spending power in some areas last month. Consumer prices rose 3.9 percent from the previous month in January.
Saudi Arabia's annual consumer price inflation rate jumped to 3.0 percent in January after the government introduced a 5 percent value-added tax and hiked domestic gasoline prices, official data showed ...
By Leah Schnurr OTTAWA (Reuters) - Canada's annual inflation rate cooled in January from a year earlier as consumers paid less for gasoline and vehicles, but firmer underlying prices were seen keeping the central bank on track to raise interest rates again later this year. The annual inflation rate was 1.7 percent last month, Statistics Canada said on Friday, down from 1.9 percent in December but above economists' forecasts for 1.4 percent. The Bank of Canada's three measures of core inflation were also less muted, with CPI common, which the central bank says is the best gauge of the economy's underperformance, rising to 1.8 percent, the highest since April 2012.
White House economic advisers are offering critical comments about gasoline taxes in a new report, as President Donald Trump is said to be open to raising them to pay for his plan to rebuild U.S. roads ...