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Oil Traders Poised For Price Bump: Will Middle East Tensions See Crude Climb?
Wednesday, February 7, 2024 - 1:49pm | 521Traders in crude oil futures contracts pushed their holdings up to the highest levels in nearly a year despite a distinct lack of movement of higher prices for the past couple of months. Data from Bloomberg shows around 660 million barrels of oil derivatives have been added so far this year,...
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Gas Poised To Fall Below $3 A Gallon: But Spare A Thought For The Heavily-Priced Europeans
Friday, December 8, 2023 - 2:01pm | 675U.S. motorists’ hopes that the price of gasoline will fall below $3 a gallon in time for the Christmas holidays could be realized in the next few days if benchmark oil prices keep falling on commodity markets. Patrick De Haan, oil market analyst and Twitter’s @GasBuddyGuy, said Friday...
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Ouch — Jeff Bezos Slams Biden For Blaming Gas Stations: Here's What The Amazon Founder Said
Sunday, July 3, 2022 - 11:29am | 453Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos has blasted President Joe Biden over his latest remarks asking gas companies to cut their prices amid rising inflation. In a recent tweet, Biden urged gas stations to bring down the price and asked them to take immediate action. My...