The EIA now sees the WTI spot price averaging $63.88 per barrel in 2025 and $57.48 per barrel in 2026, according to the STEO.

The price of West Texas Intermediate is hovering around $60 per barrel — not low enough to kill the oil patch, but not ...

Oil prices were little changed on Tuesday as investors digested the latest headlines on U.S. President Donald Trump's ...

Oil prices settled slightly higher on Monday on exemptions for some electronics from U.S. tariffs and data showing a sharp ...

Michigan gas prices dropped by 15 cents from a week ago, falling to $3.08 a gallon for regular unleaded, and some analysts predicted gasoline could continue to get cheaper.

Trump has slapped 145% tariffs on China, while hitting pause on duties for most other countries for the next 90 days to allow ...

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.

The oil sell-off extended the dramatic drop in prices seen Friday when prices fell by around 8% to the lowest levels since 2021.

Verae™, a leader in blockchain-based solutions for digital information integrity, is proud to announce that Jim Kofalt, Chief ...

The surprising decision of the Organization of the Petroleum Exporting Countries and allies to increase oil production by a ...

Oil prices have dropped significantly from 2022 highs, with WTI trading around $70 per barrel, raising concerns about potential economic recession and reduced demand. Downside risks include ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...