The US may be on the cusp of a ‘hot, high-priced gasoline summer’

posted in: News, United States

–Record gasoline demand and exports and rising oil prices may lead to a “hot, high-priced gasoline summer,” Again Capital’s John Kilduff said. –The U.S. average for a gallon of regular gasoline is $2.879, up from $2.338 a gallon at this … Read More

Oil mostly flat as rising US output offsets Opec worries

posted in: Middle East, News

[NEW YORK] Oil prices were little changed on Monday, trading near their highest since May 2015, as political concerns in some Opec nations offset projections for higher US oil production. “Oil prices are finely balanced in today’s trading session. Ongoing … Read More

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