Oil companies report profit drops
Exxon-Mobil and Chevron both reported a sharp drop in profits for the first quarter of the year which is likely to change going forward as oil prices rise amid the war with Iran.
Exxon-Mobil and Chevron both reported a sharp drop in profits for the first quarter of the year which is likely to change going forward as oil prices rise amid the war with Iran.
A trade group representing smaller U.S. airlines is asking the government for billions of dollars to help offset surging fuel prices.
Gas prices have jumped to their highest level since August of 2022.
Gas prices started the week by continuing their upward trajectory.
People in the Midlands are seeing a little more relief at the pump this week.
Gas prices continue to trend downward in South Carolina.
Oil prices are falling by more than 10% Friday, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open again for oil tankers carrying crude from the Persian Gulf to customers worldwide.
Oil prices are on the rise but still holding below the $100 mark.
AAA says regular gas is holding steady around $4.13 a gallon in the U.S.
Oil prices are back above $100 per barrel on Monday after 21 hours of ceasefire talks between the United States and Iran failed to end their war.