Hedge funds and other institutional investors have turned cautious on oil prices, selling off a substantial…
Tag: gasoline
US Crude Oil Inventories Drop as Refineries Ramp Up
Crude oil inventories in the United States experienced another decrease last week, according to the U.S.…
Norway’s Plunging Petrol Sales
The electric vehicle revolution has surged forward over the last decade, particularly in the last few…
Ecuador Fuel Price Hike Sparks Political Tension and Concerns
The Ecuadorian government revealed on Tuesday an impending increase in gasoline prices by nearly 11%, effective…
Oil Prices Rise Despite Stockpiles and Fed’s Firm Stance
Oil prices managed to stay higher on Wednesday, despite an unexpected jump in U.S. inventories and…
ExxonMobil Ordered to Pay $725.5 Million in Benzene Exposure Lawsuit
A Pennsylvania jury has ordered ExxonMobil to pay $725.5 million in compensatory damages to a former…