Long Islanders increased heating costs as federal assistance programs remain suspended and natural gas and oil heating prices ...

Geopolitical events, particularly in the Middle East, always have the potential to cause substantial price volatility in the crude oil and oil product futures markets. However, as the markets head ...

Diesel spreads and refinery margins are no longer reliable on their own for gauging oil demand, as extreme weather and supply chain issues distort short-term signals. Refinery closures in the West and ...

November WTI crude oil (CLX25) on Wednesday closed up +1.58 (+2.49%), and November RBOB gasoline (RBX25) closed up +0.0224 (+1.15%). Crude oil and gasoline prices rallied sharply on Wednesday for the ...

Oil prices edged higher in Asian trading hours on Wednesday, buoyed by growing optimism that a new U.S.-Japan trade pact could reinvigorate global economic momentum and spur energy demand. The gains ...

Several factors (such as the re-escalation of the Iran situation, refilling of the SPR, and inflation) could push the oil price to be around $100 in 2H of 2025. I reiterate my strong buy rating on ...