Straits Times Index
3,212.64 -6.36 (-0.20%) Nikkei
27,385.25 -34.36 (-0.13%) Hang Seng
19,915.68 -133.96 (-0.67%) FTSE 100
7,405.45 -94.15 (-1.26%) BTC-USD
27,822.83 -380.54 (-1.35%) CMC Crypto 200
606.08 -12.31 (-1.99%)
RBOB Gasoline Aug 23 (RBQ23.NYM)
- Reuters
Oil drops 1% as US in no rush to refill strategic reserve
BENGALURU (Reuters) -Oil prices settled 1% lower on Thursday, reversing early gains after U.S. Energy Secretary Jennifer Granholm told lawmakers that refilling the country's Strategic Petroleum Reserve (SPR) may take several years. Granholm's comments fed worries about potential oversupply, especially as the Energy Department plans to proceed with an additional release of 26 million barrel as part of its congressional mandate, UBS analyst Giovanni Staunovo said. Brent crude futures fell by 78 cents, or 1%, to settle at $75.91 a barrel.
- Oilprice.com
Here’s How Gasoline Prices Fared Under The Last Four Presidents
Many Americans feel that gasoline prices during the Biden Administration have been high, but in reality, there’s little a U.S. President can do to impact gasoline prices in the short term
- Oilprice.com
Gasoline Prices: Why Do We Pay What We Pay At The Pump?
Gasoline prices are influenced by various factors, and understanding them is crucial for both consumers and businesses
