Oil prices hit $100 per barrel
NEW YORK — Oil prices hit $100 per barrel for the first time since 2008, driven by growing concerns about global supplies, as Libya’s Moammar Gadhafi continued to lose his grip on the oil-rich country....
View ArticleOil prices settle higher as gas pump prices jump
NEW YORK — With Libya still in chaos and little information available about the status of its oil fields and ports, oil prices rose on today and finished about 13 percent higher for the past week. The...
View ArticleOil prices hit highest level since Sept. 2008
NEW YORK — Oil prices hit a 29-month high today after the government said the nation’s unemployment rate fell to 8.9 percent in February. The Labor Department said the economy added 192,000 jobs last...
View ArticleOil prices settle lower after supply report
Oil prices fell today as a key government report showed U.S. petroleum supplies increased last week. Energy traders meanwhile continued to watch developments in Libya, where weeks of unrest showed no...
View ArticleInflation worries push consumer confidence lower
NEW YORK — Shoppers’ worries about juggling rising gas and food prices and other household costs pushed the Consumer Confidence Index down sharply in March. The decline, which followed a three-year...
View ArticlePump prices lower ahead of Memorial Day weekend
Drivers getting an early start on the Memorial Day weekend are pulling out of gas stations with a little more cash in their pockets. The national average for unleaded regular gasoline was $3.81 a...
View ArticleOil rises on concerns about future supplies
NEW YORK — Oil climbed above $102 per barrel today as investors focused on how the world would meet energy demand in coming months. Benchmark West Texas Intermediate crude for July delivery rose $1.48...
View ArticleBenchmark oil price hits a 9-month high, near $108
NEW YORK — Oil prices hit a new nine-month high today as the dollar fell and gas pump prices climbed closer to $4 a gallon across much of the country. Benchmark crude prices rose by $1.55 to end the...
View ArticleGasoline prices rise for 24th day
NEW YORK — Gasoline prices climbed today for the 24th straight day as service stations pass along the rising cost of oil. The national average for gasoline hit $3.741 per gallon, according to AAA,...
View ArticleOil prices slide near $105 per barrel
NEW YORK — The price of oil dropped to its lowest level in a week after reports of a slowdown in Chinese manufacturing. Benchmark U.S. crude fell by $1.92 to end at $105.35 per barrel. It dipped as low...
View ArticleOil prices hit $100 per barrel
NEW YORK — Oil prices hit $100 per barrel for the first time since 2008, driven by growing concerns about global supplies, as Libya’s Moammar Gadhafi continued to lose his grip on the oil-rich country....
View ArticleOil prices settle higher as gas pump prices jump
NEW YORK — With Libya still in chaos and little information available about the status of its oil fields and ports, oil prices rose on today and finished about 13 percent higher for the past week. The...
View ArticleOil prices hit highest level since Sept. 2008
NEW YORK — Oil prices hit a 29-month high today after the government said the nation’s unemployment rate fell to 8.9 percent in February. The Labor Department said the economy added 192,000 jobs last...
View ArticleOil prices settle lower after supply report
Oil prices fell today as a key government report showed U.S. petroleum supplies increased last week. Energy traders meanwhile continued to watch developments in Libya, where weeks of unrest showed no...
View ArticleInflation worries push consumer confidence lower
NEW YORK — Shoppers’ worries about juggling rising gas and food prices and other household costs pushed the Consumer Confidence Index down sharply in March. The decline, which followed a three-year...
View ArticlePump prices lower ahead of Memorial Day weekend
Drivers getting an early start on the Memorial Day weekend are pulling out of gas stations with a little more cash in their pockets. The national average for unleaded regular gasoline was $3.81 a...
View ArticleOil rises on concerns about future supplies
NEW YORK — Oil climbed above $102 per barrel today as investors focused on how the world would meet energy demand in coming months. Benchmark West Texas Intermediate crude for July delivery rose $1.48...
View ArticleBenchmark oil price hits a 9-month high, near $108
NEW YORK — Oil prices hit a new nine-month high today as the dollar fell and gas pump prices climbed closer to $4 a gallon across much of the country. Benchmark crude prices rose by $1.55 to end the...
View ArticleGasoline prices rise for 24th day
NEW YORK — Gasoline prices climbed today for the 24th straight day as service stations pass along the rising cost of oil. The national average for gasoline hit $3.741 per gallon, according to AAA,...
View ArticleOil prices slide near $105 per barrel
NEW YORK — The price of oil dropped to its lowest level in a week after reports of a slowdown in Chinese manufacturing. Benchmark U.S. crude fell by $1.92 to end at $105.35 per barrel. It dipped as low...
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